FINANCE VIDEO: Direct Nickel Exec. Chairman Julian Malnic and CEO Russell Debney Discuss The Innovative Direct Nickel Process
FINANCE VIDEO: Direct Nickel Exec. Chairman Julian Malnic and CEO Russell Debney Discuss The Innovative Direct Nickel Process
Sydney, June 28, 2011 (ABN Newswire) - FINANCE VIDEO: The Direct Nickel (DNi) Process is a hydrometallurgical process for nickel laterite deposits. It is believed to be the only process capable of treating the full laterite profile, from limonitic to saprolitic ores in a single flowsheet. It is a tank leach process that operates at atmospheric pressure, or with the option of mild pressure, and treats the ore at relatively low temperatures. The leach process uses a special reagent package to liberate in 2-4 hours more than 95% of the nickel, cobalt and other metals into solution. The insoluble residue is neutralised and sent to a waste disposal facility. The solution is then sequentially processed to extract the individual metals. The metal solution processing produces:

- A marketable mixed hydroxide (or oxide, or sulphide) product containing nickel and cobalt.
- Co-products Fe2O3, Al2O3 and MgO.
- A barren solution that is sent to the recycle circuit which recovers +95% of the reagent for reuse.

The high recovery of the reagent package is a unique feature in the DNi Process. Consequently, reagent consumption in the DNi Process is as low as 30kg/t of feed material compared to sulphuric acid leaching processes, which consume 300 to 1000kg/t.

View the Video at:
http://www.abnnewswire/press/en/68115/Direct-Nickel

About Julian Malnic

Executive Chairman, Julian Malnic a professional geologist whose career spans a wide range of industry activity including exploration, mine assessment, corporate management and development and industry media.

Julian is Chairman of the Sydney Mining Club, which he founded in 1997. The Sydney Mining Club, under his leadership has grown to be Sydney's leading forum for mining executives, professionals and suppliers.

About Russell Debney

CEO, Russell Debney has worked in the mining and resources industry since 1975 and is a qualified commercial and corporate lawyer who became a director of Global Engineering (Global), a consulting engineering and project management company specializing in the offshore oil and gas industry.

For further information on Direct Nickel and Management, please visit:
http://www.directnickel.com


About Direct Nickel Pty Ltd

Direct Nickel Pty Ltd (DNi) is building a nickel inventory by acquiring interests in undervalued laterite resources and is substantially revaluing these resources by applying the DNi Process. A successful DNi Process will revalue nickel companies by 20-30 times (by market capitalisation).

 


Contact

Direct Nickel
Tel: +61-2-8014-7780
Fax: +61-2-8324-6366
email: info@directnickel.com
http://www.directnickel.com


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