Nickel Extractive Cost Tracker
Cost Service
Nickel Extractive Cost Tracker
While stainless steel still accounts for two-thirds of demand, nickel’s use in lithium-ion batteries is experiencing enormous growth. Nickel’s connection to high-growth energy transition applications is resulting in the development of large volumes of new supply, much of which is focused on Indonesia. Use the nickel extractive cost tracker to compare nickel operation production costs across the industry. The cost tracker allows you to examine current and historic cost performance on an asset-by-asset basis, comparing financial performance from 2015 to now. The tracker enables a user to understand the forces underpinning the costs of nickel laterite and sulphide mining, normalised on a US$/t Ni basis.
Designed To:
- Compare the cost of nickel production from multiple assets and compare their performances on the industry cost curve.
- Provide a cost breakdown of nickel laterite ore and nickel sulphide concentrate production from each asset worldwide.
- Granular operating cost information for all assets on fuel, electricity, labour, etc.
- Help understand historic and current price directions as production costs impact supply.
- Provide independent industry cost analysis.
Includes:
- 93 fully costed nickel operations with cost data from 2015 to now.
- Operating cost curves for nickel production – broken out by cost category and country.
Cost Breakdown:
Cost of production
+ Mining CostDiesel/petrol costNatural gas costBiomass costElectricity costLabour costReagents & consumables costOther cost
+ Processing CostDiesel/petrol costNatural gas costBiomass costElectricity costLabour costReagents & consumables costOther cost
+ General & Administration Cost
+ By-product credits
+ Royalties
Total Cash Costs (FOB)
+ Realisation cost
Total Cash Cost (CIF)
+ Corporate overheads
+ Reclamation cost
+ Exploration cost
+ Sustaining capital cost
All-In Sustaining Cost (CIF)