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China, One of the Major Nickel Consumer Markets, Ensured in This Shipment a Ship That Left Bahia Loaded With 10.4 Thousand Tons of Ore
China secured last Monday (30) 10.4 thousand tons of nickel concentrate. The shipment left the port of Bahia provided by the mining company Atlantic Nickel, the only company producing sulfide nickel in Brazil. Braskem Petrochemicals Makes Million-Dollar Investment in German Technology for Waste Recycling
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The 10.4 thousand tons of nickel concentrate made Atlantic Nickel reach the mark of 67.7 thousand tons exported in 2020, with the large export volume of the ore meeting the growing demand of the international market for electrification.
Nickel concentrate is a fundamental raw material in battery manufacturing, a major driver of the expansion of the electric vehicle segment worldwide. The ore enables the adoption of alternative energy sources to combustion, building the technology of the future in a sustainable way.
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The shipment was carried out from the Port of Ilhéus, a terminal located just 140km from the production unit located in the municipality of Itagibá, in the southern region of Bahia. Atlantic Nickel completed a year of operation in southern Bahia in October of this year.
Atlantic Nickel Mining Company Recently Discovered in the Municipality of Itágiba, Interior of Bahia State, an Area with Sulfide Nickel
The mining company discovered a new area with significant potential for sulfide nickel exploration, in the same geological belt where the Santa Rita Mine already operates.
The proximity of this new area to the existing infrastructure, along with the feasibility of logistical integration, indicates the success of the expansion studies.
According to João Leão, Secretary of Economic Development, “Since the Santa Rita mine resumed operations in January 2020, Itagibá has remained in the ranking of the top 10 municipalities with the highest revenue from the Financial Compensation for Mineral Exploration (CFEM) in Bahia. It is worth noting that 60% of the fee is allocated to the city where production occurred. This discovery will further boost employment and income in the region.”
About Atlantic Nickel Mining Company
Atlantic Nickel has been operating since 2009 in the activities of exploration, mining, processing, and marketing of nickel concentrate. The sulfide nickel produced, after undergoing a refining process, is the main component in the manufacture of batteries that equip the growing electric vehicle market.
