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Atlantic Nickel Completes First Shipment for Export in 2022 to the Canadian Market. Ship Departed from the Port of Ilhéus Heading to Canada, Transporting 9.1 Thousand Tons of Nickel Concentrate Produced at the Santa Rita Mine.
Atlantic Nickel, the only producer of sulfide nickel in Brazil, celebrates the success of its first shipment of ore sold in 2022, through the Port of Ilhéus, from where the ship set sail on February 4, heading to the Canadian market. In this first shipment, 9,153.546 tons of nickel concentrate were exported, produced under the highest quality and safety standards at the Santa Rita Mine, located in the Bahian municipality of Itagibá, just 140 km from the seaport.
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Controlled by the investment fund Appian Capital Brazil, Atlantic Nickel is targeting the electrification market, highlighting the rapidly growing demand for nickel as a raw material in the manufacture of batteries for electric vehicles. The company closed 2021 with record operational and financial performance, after 11 shipments and 110,409.75 tons exported.
“We look at this result achieved by our team with complete conviction that there is much more to be accomplished in 2022. We have complete confidence in our teams’ ability to deliver yet another record year, with great responsibility, and expanding economic incentives for Itagibá and the region,” evaluates Ricardo Campos, general manager of Atlantic Nickel.
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About Atlantic Nickel
The only producer of sulfide nickel in the country, Atlantic Nickel has been operating since October 2019 in the extraction of the ore, which is essential for the manufacture of batteries for electric vehicles. Over 2,500 direct jobs have been created by the business, and R$ 151 million were injected into purchases and contracts with suppliers in Bahia from 2018 to 2020.
The company’s projection is to double its production capacity, with the start of underground operations at the Santa Rita Mine, scheduled for 2028, which will extend the mine’s lifespan from 8 to 34 years (7 years of open-pit mining + 27 years of underground mining). According to the Preliminary Economic Assessment, approximately US$ 355 million is expected to be invested in the first five years of this new phase.
Moreover, Atlantic Nickel is already celebrating the recent discovery of a new deposit with significant nickel resource potential just 26 km away, and in the same geological belt as the Santa Rita Mine.
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