What’s a Nickle worth: solid mineral deposits discovered in Northern Nigeria - News Summed Up

What’s a Nickle worth: solid mineral deposits discovered in Northern Nigeria


This week, The Australian, reported that an unusually pure Nickel was discovered in the North of Nigeria. It is believed that the discovery could be the surface expression of a much bigger hard-rock nickel field. The discovery has the potential for early cash flow from a simple and low-cost screening operation to fund a full assessment of the potential deposits. Nickel, which is primarily sold for first use as refined metal, is also used to produce stainless steel. As a matter of fact, about 66 percent of its consumption in the West is used to produce steel.


Source: The North Africa Journal September 01, 2016 07:54 UTC



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