Brazilian Mineral Exports Hit Record in 2022 to China, Canada, and Finland: Sulfide Nickel Is Essential for Electric Vehicle Battery Production, Especially in the European Market

Written by Paulo Nogueira

Published on 16/04/2022 at 11:39

Updated on 16/04/2022 at 11:41

Carga de concentrado de níquel sulfetado no Porto de Ilhéus (BA), no dia 4 de abril -Fonte Atlantic Nickel

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Atlantic Nickel Concludes Embarkation for Europe and Has Already Surpassed 29 Thousand Tons of Ore Exported This Year

Salvador, April 14, 2022 – Atlantic Nickel, the only producer of sulfide nickel in Brazil, has completed its third shipment of ore for export this year in 2022. The cargo, with 10,185.8 tons of sulfide nickel concentrate, departed from the Port of Ilhéus (BA) on April 4, heading to Finland, in Europe. With this shipment, the Santa Rita Mine, located in the municipality of Itagibá, has surpassed 29 thousand tons sold this year. The first two shipments of 2022 were destined for Canada and China.

The sulfide nickel concentrate is a high-quality raw material and a fundamental component in the manufacturing of batteries for electric vehicles. Globally, under increasing demand, it is one of the most versatile and resilient metals in nature, with crucial utility for building sustainable societies through clean energy generation, capable of ensuring a low-carbon future.

Since starting operations at the Santa Rita Mine in October 2019, Atlantic Nickel has maintained a commitment to work in favor of sustainable development, without losing sight of its goal of reaching maximum production potential. In 2021, the company ended the year with record operational and financial performance, after 11 shipments and 110,409.75 tons exported.

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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 essential for the manufacture of electric vehicle batteries. More than 2,500 direct jobs have been generated by the business and R$ 151 million injected in 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 useful life from eight to 34 years (7 years of open-pit mining + 27 years of underground mining). According to the Preliminary Economic Assessment, about US$ 355 million is expected to be invested in the first five years of this new phase.

Furthermore, Atlantic Nickel is already celebrating the recent discovery of a new deposit with significant nickel resource potential just 26km away, and in the same geological belt as the Santa Rita Mine.

SOURCE: Atlantic Nickel Press

Brazilian Mineral Exports Hit Record in 2022 to China, Canada, and Finland: Sulfide Nickel Is Essential for Electric Vehicle Battery Production, Especially in the European Market

Atlantic Nickel Concludes Embarkation for Europe and Has Already Surpassed 29 Thousand Tons of Ore Exported This Year

About Atlantic Nickel

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Brazilian Mineral Exports Hit Record in 2022 to China, Canada, and Finland: Sulfide Nickel Is Essential for Electric Vehicle Battery Production, Especially in the European Market

Atlantic Nickel Concludes Embarkation for Europe and Has Already Surpassed 29 Thousand Tons of Ore Exported This Year

About Atlantic Nickel

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He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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