Insight
The Magnificent Seven: Current status of new laterite nickel projects
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
They were all a long time coming, but the "magnificent seven", namely Ambatovy, Barro Alto, Koniambo, Ramu, Ravensthorpe, VNC are all up and running and Onça Puma should be back on line by the end of the year. Pressure on profitability aside, these projects at capacity will add around 340kt Ni/a to global supply (ca. 15-20% of global production) and all have come together at a time when the global economy has slowed, leaving the market in surplus, the nickel price languishing at a level...
Table of contents
- Executive Summary
- A fistful of dollars
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The good, the bad and the ugly
- Ravensthorpe
- Ramu
- VNC
- Ambatovy
- Koniambo
- Barro Alto
- Onça-Puma
- For a few dollars more
Tables and charts
This report includes the following images and tables:
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Capital cost increases at nickel projects from their 2006 estimates to the "final" figureCapital intensityStart-up delays
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2018 Nickel Industry C1 Cost CurveOverall capacity utilisationRavensthorpe capacity utilisationRavensthorpe forecast annual production (Ni in MHP)Ramu capacity utilisationRamu forecast annual production (Ni in MHP)VNC capacity utilisationVNC forecast annual production (Ni in NiO and MHP)Ambatovy capacity utilisation
- 5 more item(s)...
What's included
This report contains:
