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    Sulphur 417 Mar-Apr 2025

    19 March 2025

    Nickel Asia sells its stake in Coral Bay

    PHILIPPINES

    Nickel Asia sells its stake in Coral Bay

    Nickel Asia Corp. (NAC) says that it has completed the sale of its 15.6% stake in Coral Bay Nickel Corp. to its Japanese partner Sumitomo Metal Mining. Nickel Asia says that the sale has been due to “unfavourable market conditions” for the high pressure acid leach (HPAL) nickel processing plant. Although Coral Bay is regarded as one of the most efficient HPAL units in the world, nickel prices have been extremely volatile over the past few years and stood a 4-year lows in January at around 15,000/t, their lowest level since September 2020. Nickel Asia still owns a 10% stake in the Taganito HPAL Nickel Corp.

    Latest in Asia

    Nickel Industries starts up ENC acid plant

    Nickel Industries announced started up the sulphuric acid plant at its new Excelsior Nickel Cobalt (ENC) HPAL project in the final week of June. The ENC Project is a massive, multi-billion dollar high-pressure acid leach (HPAL) facility located in the Indonesia Morowali Industrial Park (IMIP) in Central Sulawesi, Indonesia. It is operated by Australia’s Nickel Industries to supply battery-grade materials for the electric vehicle (EV) market. At capacity, it is expected to yield roughly 72,000 t/a of contained nickel equivalent as mixed hydroxide precipitate (MHP), nickel sulphate, and nickel cathode.

    Russia bans rail transport of Kazakh sulphur

    Russia has ordered a “temporary cessation” of rail transport of all sulphur originating from Kazakhstan that is destined for Russian seaports and railway checkpoints, representing a significant policy shift, according to an official order from the Federal Agency for Railway Transport (Roszheldor). The directive, which took effect from May 26th, orders a halt to the loading and movement of Kazakh sulphur “until further notice.” While the measure is officially described as temporary, the order provides no specific timeline for when the transit might resume. The action cites instructions from Russia’s First Deputy Prime Minister, D.V. Manturov, as its basis.

    Restart for Hongda smelter

    Hongda's 100,000 t/a zinc smelter, in China's Sichuan Province, completed scheduled maintenance and equipment upgrading and officially resumed production on 21st June, the company said. The smelter had been shut down for planned maintenance since January, during which time a modernisation project for the electrolytic zinc smelting system was also carried out. Following the nearly six-month revamp, the resumption of production is expected to improve overall operational efficiency, reduce unit production costs, and increase the utilisation rate, The company said. The stable supply of sulphuric acid generated by the zinc smelter will effectively leverage the synergies of the "sulphur-phosphorus" industrial chain in the company, an help alleviate cost pressures on the company's phosphorus chemical business segment.