Brazilian Nickel is a nickel/cobalt project in Brazil, applying breakthrough heap-leach technology to treat laterite ores and produce nickel and cobalt products specific for the battery market.

TechMet has provided convertible debt to Brazilian Nickel, signed an agreement to fund the first commercial phase of project development, and signed an agreement to jointly develop nickel laterite opportunities globally by deploying their unique heap leaching technology.

• Tier 1 (low cost, large scale) Ni/Co project with an extensive resource definition that will produce battery-grade nickel and cobalt hydroxides.
• Demonstration plant (pictured) has proved technical viability – now embarking on commercial small-scale plant and feasibility study for full-scale mine.
• Management are world-class nickel heap leaching experts and significant shareholders.
• Potential to create a multi-asset, mid-tier nickel/cobalt champion by exploiting competitive advantage in treating laterite ores.