Operating Performance Update
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Transcript of Operating Performance Update
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Operating Performance Update
S&C Draft of 5/26/10
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Production Milestones• June 26, 2012
First Nickel test briquettes were sintered.
• August 18, 2012 Single largest batch of slurry sent from the Mine (18,980 t), ex-
ceeding the Financial Completion target of 674 t/h.
• September 9, 2012 First Cobalt test briquettes were sintered.
• September 13, 2012 Operating permit granted.
• November 1, 2012 5 Autoclaves on line with dual slurry feed pumps
• November 8, 2012 First international shipment of refined nickel (40 t)
• November 13, 2012 First international shipment of refined cobalt (168 t)
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Production Achievements to November 30, 2012
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• Mixed Sulphides to Refinery:
Ni+Co contained, t 6,900
• Nickel Reduced, t
5,512
• Cobalt Reduced, t
488
• Amsul Produced, t
10,695
Note: The Project achieved “Commencement of Commercial Production” as described in the Finance Documents on November 26, 2012.
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PAL Overview
• Autoclaves PAL Autoclave Operating Hours
• Operated approximately 1,788 hours in November
Ore Throughput in the PAL Autoclaves• Processed 191,085 tonnes in November
• PAL Mixed Sulphide Production Produced approximately 1,763 tonnes of mixed sul-
phides (ni+co contained) in November
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Refinery Overview
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• Sulphide Leaching In November we processed 1,694 tonnes of nickel and
cobalt contained in mixed sulphides
• Nickel Reduction In November we reduced 1,592 tonnes of nickel pow-
der
• Cobalt Reduction In November we reduced 164 tonnes of cobalt pow-
der
• Metals Handling Produced 1,199 tonnes of nickel briquettes in No-
vember Produced 100 tonnes of cobalt briquettes in Novem-
ber
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Operating Performance – PAL Ramp-Up Curve
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Operating Performance – Refinery Ramp-Up Curve
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Operating Performance – Ore Throughput
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Operating Performance – Nickel Produced
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Nickel Quality Analysis
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• Nickel meets LME spec for all elements except silicon.
• Silicon contamination has occurred from late October and into November as Si level in Refinery solution has increased.
• Refinery is currently progressing initiatives to purge silicon from the circuit.
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Questions?
S&C Draft of 5/26/10