EV Predictions Show Strained Metal Supply, · The advantage of HPAL is its ability to process low-grade nickel laterite ores, to recover nickel and cobalt. However, HPAL is unable to process high-magnesium or saprolite ores, it has high maintenance costs due to the sulfuric acid (average 260-400 kg/t at existing operations), and it comes with the cost, environmental impact and hassle of disposing of the magnesium sulfate effluent waste.Conic Releases Ramu Q1 2020 Production Performance, · "Conic's management are strong believers that Ramu is the best HPAL operation in the world and the current performance reinforces this opinion. Our management team and board of directors has purchased over 1,000,000 shares of Conic in the public markets just in the last quarter as we feel the current share price is very attractive given Ramu's potential to deliver significant free cash".Nickel Asia earnings plummet on virus hit | Philstar.com, · Nickel Asia Corp. saw its net income for the first quarter decline by 74 percent to P68.8 million as the coronavirus disease (COVID-19) pandemic takes its toll on global markets.
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