Nickel Sulphate

Cost Model Service

From what was once a niche application of nickel, the use of nickel sulphate in batteries has been pushed into the spotlight. Roskill’s forecasts suggest that demand for nickel in nickel sulphate may reach 800-1,000kt by 2030, representing just under half of today’s market. However, as 2017 production only amounted to 116kt, a major expansion of production capacity is required, expected to be accounted for both by new greenfield projects, and conversions of existing nickel producers.

Roskill’s Nickel Sulphate Summary Cost Report is designed to provide miners, financial institutions and other industry stakeholders with an overview of the nickel sulphate supply chain. It looks at both the current structure of nickel sulphate supply and more significantly how it could change in the future based on operating cost and incentive pricing structures for new capacity.

Service Contents

  • Overview of current nickel sulphate production, including analysis on capacity, feedstock type, feedstock source and nickel sulphate output by operation.
  • Access to the underlying cost data, with detailed analysis of the current and potential future cost structure of the industry. Including extensive granular cost data broken down by feedstock, individual processing consumables, power and fuel expenses, sustaining capex and G&A costs.
  • Analysis of incentive pricing for new nickel sulphate supply. With competitive benchmarking for different processing routes and feedstock types, both on an operating cost and capital intensity basis.
  • Technical appendices giving a detailed insight into the various processing flowsheets to produce nickel sulphate, including currently utilised methods and new ones that could be used in future.
  • Access to the analysts for discussion around the service content.