operating performance update
DESCRIPTION
S&C Draft of 5/26/10. Operating Performance Update. 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), exceeding the Financial Completion target of 674 t/h. September 9, 2012 - PowerPoint PPT PresentationTRANSCRIPT
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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