Central to the partnership is the construction of a state-of-the-art processing facility near Kalgoorlie and the implementation of Altilium’s DNi ProcessTM. The technology has been engineered to sustainably extract nickel from laterite ores.
Positioned as the main terminal for laterite nickel, the proposed processing plant will embody the success of Queensland Pacific Metals and utilize the same innovative technologies. The aim is to produce 16,000 tonnes of nickel in the form of mixed hydroxide products (MHP), with the core long-term aim being to produce nickel and cobalt to supply the electric vehicle and battery markets, with the aim of entering production by 2030.
The parties’ commitment to complete a comprehensive pre-feasibility study within the next 24 months further demonstrates the strategic importance of this collaboration.
The agreement also gives NGM exclusive rights to develop Altilium technology within a 100km radius of Kalgoorlie, where the miner already has access to a 36 million tonne nickel resource and has ambitious future expansion plans.
Altilium’s DNi process is known for its groundbreaking zero-waste mineral extraction method. This environmentally friendly approach eliminates the dangers associated with wet tailings, retaining dams and ocean dumping.
“Global demand for MHP, a key product of the DNi process, is growing,” said Altilium CEO Chris Gower.
group.
“However, currently almost all materials are sold to China, particularly from the Chinese-controlled HPAL factory
in Indonesia. The project provides NGM with a unique opportunity to process Australian ore and help meet MHP needs. The Altilium team is excited to collaborate with NGM on this project. ” he added.
“The driver of nickel demand is climate change. More nickel projects are needed; especially those that take into account the ethical mining and ESG standards required by end users,” commented Arthur Darivas, CEO of New Generation Minerals.
“WA has the world’s largest nickel deposits and high environmental standards; Altilium’s DNi process is able to leave a positive environmental footprint through its residue; NGM has the ore supply plant. We all have it
“We are a key element in delivering a world-class nickel project in the heart of Washington’s Nickel District and look forward to working with Altilium to demonstrate commercial viability,” he concluded.
