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Home Atlantic Nickel, the only producer of sulphide nickel in Brazil, celebrates the success of the first shipment of 2022, exporting 9,1 thousand tons of ore to Canada

Atlantic Nickel, the only producer of sulphide nickel in Brazil, celebrates the success of the first shipment of 2022, exporting 9,1 thousand tons of ore to Canada

18 February 2022 to 11: 19
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ore - nickel - canada - mine - atlantic nickel - price
Atlantic Nickel ore export to Canada 0 Image Atlantic Nickel

Atlantic Nickel finalizes first shipment for export in 2022, for the Canadian market. Ship departed from the Port of Ilhéus towards Canada, transporting 9,1 thousand tons of nickel concentrate produced at Santa Rita Mine. 

Atlantic Nickel, the only company producing sulphide nickel in Brazil, celebrates the success of the first shipment of ore sold in 2022, through the Port of Ilhéus, from where the ship set sail on February 4, with destination to the Canadian market . In this first shipment, 9.153,546 tons of nickel concentrate were exported, produced within the highest standards of quality and safety at Santa Rita Mine, located in the municipality of Itagibá, Bahia, just 140 km away from the maritime terminal.  

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Controlled by the Appian Capital Brazil investment fund, Atlantic Nickel is targeting the electrification market, with emphasis on the booming demand for nickel as a raw material in the manufacture of batteries for electric cars. The company ended 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 place all our trust in the ability of our teams to deliver another record year, with great responsibility, and expanding the economic stimuli for Itagibá and the region ”, evaluates Ricardo Campos, general manager of Atlantic Nickel.   

About Atlantic Nickel    

The only company producing sulphide nickel in the country, Atlantic Nickel has been operating since October 2019 in the extraction of ore, essential for the manufacture of batteries for electric vehicles. There are more than 2.500 direct jobs generated by the business and R$ 151 million injected into purchases and contracts with suppliers in Bahia from 2018 to 2020.   

The company's projection is to double production capacity, with the start of underground operations at Santa Rita Mine, scheduled for 2028, which will increase the mine's useful life from 8 to 34 years (7 years of open pit mine + 27 years of underground mining). According to the Preliminary Economic Assessment, approximately US$ 355 million should be invested in the first five years of this new phase.     

In addition, Atlantic Nickel is already celebrating the recent discovery of a new deposit with significant potential for nickel resources just 26km away, and in the same geological belt, where the Santa Rita Mine already operates.                        

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