HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Vale Canada to supply nickel to Northvolt

 

Noront must have a real stink on it for Vale to pass up this opportunity.......shame, shame, shame Canada.

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https://www.miningweekly.com/article/vale-canada-to-supply-nickel-to-northvolt-2022-03-23/rep_id:3650

 

Vale Canada to supply nickel to Northvolt

 

23rd March 2022

By: Mariaan Webb
Creamer Media Deputy Editor Online

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Diversified resources group Vale has announced a multi-year supply agreement with European battery developer Northvolt for low-carbon nickel products from its Canadian operations.

Executive VP of base metals Deshnee Naidoo says the supply agreement is a strategic milestone for Vale, as it pivots its business towards electric vehicle demand.

Northvolt states that the agreement for nickel from Vale’s Canadian operations is a perfect fit for its ambition to build batteries with a minimal carbon dioxide (CO2) footprint. 

Rounds from the Long Harbour refinery in Newfoundland have a verified carbon footprint of 4.4 t of CO2-equivalent for each ton of nickel – about one-third the Nickel Institute’s average for Class 1 nickel.

Vale has pledged to invest between $4-billion and $6-billion to cut absolute carbon emissions by 33% by 2030, as part of efforts to be net zero by 2050. 

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