Piauí nickel project, Brazil
Name of the Project
Piauí nickel project.
Location
North-east of Brazil.
Project Owner/s
Private nickel and cobalt company Brazilian Nickel.
Project Description
Piauí is an advanced-staged nickel laterite project.
The project will have an average production rate of 27 000 t/y of nickel and 900 t/y of cobalt in the first ten years of operation.
Brazilian Nickel’s successful application of heap leaching technology to nickel laterite orebodies is a materially less capital-intensive process than traditional high-pressure acid leaching
(HPAL).
Heap leaching, therefore, permits the exploitation of resources that cannot support the much higher capital burden of HPAL, giving the company a competitive advantage.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not disclosed.
Capital Expenditure
Brazilian Nickel received a letter of interest from the US International Development Finance Corporation (DFC) in December 2024 that expressed DFC’s interest in providing the project with a loan facility of up to $550-million, representing almost 40% of the project’s overall financing package.
Planned Start/End Date
Brazilian Nickel is optimistic that it will have a fully financed project in 2025, with first production from Piauí targeted for 2028.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Not disclosed.
Contact Details for Project Information
Brazilian Nickel, email info@braziliannickel.com.
Article Enquiry
Email Article
Save Article
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.
VISIT SHOWROOM
We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
