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This is a list of countries by nickel production in 2022 based on data by the United States Geological Survey (USGS). [1] Countries. ... World 3,300,000 1
Nickel [16] Indonesia Philippines: List of countries by nickel production: Niobium [17] Brazil Canada: List of countries by niobium production: Palladium [18] Russia South Africa: List of countries by palladium production: Platinum [19] South Africa Russia: List of countries by platinum production: Silver [20] Mexico China
According to the intergovernmental International Nickel Study Group, in 2017 the countries with the largest volume of nickel ore reserves are Australia (19.5 million metric tons), Brazil (10.5 million metric tons), Russia (7.5 million metric tons), New Caledonia (6.5 million metric tons), Cuba (5.5 million metric tons), and the Philippines (just under 5 million metric tons). [4]
The US nickel coin contains 0.04 ounces (1.1 g) of nickel, which at the April 2007 price was worth 6.5 cents, along with 3.75 grams of copper worth about 3 cents, with a total metal value of more than 9 cents. Since the face value of a nickel is 5 cents, this made it an attractive target for melting by people wanting to sell the metals at a profit.
Nickel is turned into usable quality ore grade by being merged into the newly formed stable minerals. [3] Silicate type (or saprolite type) nickel ore formed beneath the limonite zone. It contains generally 1.5–2.5% nickel and consists largely of Mg-depleted serpentine in which nickel is incorporated.
The operation had been on care and maintenance since 1980. It includes a brownfield nickel laterite mine and a process plant. [1] [2] The mine is located in El Estor in Izabal Department. [2] The mine has reserves amounting to 36.1 million tonnes of ore grading 1.86% nickel. [2] The Uspantán mine is one of the largest nickel mines in Guatemala.
The ore is smectite containing disseminated nickel as fine-grained manganese-nickel silicates in a laterite profile. [11] [12] The major nickel mineral is garnierite. [11] The ore is treated in a co-located processing plant to produce an intermediate nickel-in-matte product used in the manufacture of refined nickel.
Nickel deposits were discovered in the Weda Bay area in Central Halmahera in 1996, and a joint venture between Canada-based Weda Bay Minerals and Antam (10%) was established in 1997. French mining group Eramet acquired the Canadian stake in 2006, and planned to develop the site, but due to low mineral prices the project was put on hold in 2013.