Panoramic hunting for critical metals project

  • Wednesday, August 9, 2023
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, critical metals, steel
[Fellow]Nickel company Panoramic Resources will be looking to expand its portfolio within the next 12 to 18 months, MD and CEO Victor Rajasooriar said.

[Ferro-Alloys.com] 

Panoramic hunting for critical metals project

Nickel company Panoramic Resources will be looking to expand its portfolio within the next 12 to 18 months, MD and CEO Victor Rajasooriar said.
 
Rajasooriar said that while the company would look at developing assets across Australia, its preference would be an operating asset.
 
The company has resumed nickel/copper/cobalt concentrate production at its Savannah project and is targeting the production of between 6 800 t and 7 600 t of nickel in concentrate for 2024, some 4 250 t to 4750 to of copper in concentrate and 400 t to 500 t of cobalt in concentrate.
 
In March, the company updated the life-of-mine plan at Savannah with the project now expected to have a mine-life of 12 years, delivering 9 402 t/y nickel, 5 046 t/y copper and 714 t/y cobalt metal in concentrate. Site all-in costs over the same period are estimated to average A$8.57/lb nickel across the mine-life. 
 
  • [Editor:邢亚敏]

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