Niquel do Vermhelo Project - Prefeasibility Study

Cia. Vale do Rio Doce is currently developing Niquel do Vermelho Project. The laterite deposit is located at Carajas Mineral Province at less than 15 km from Sossego Copper Project, scheduled for start-up in 2004. The available infrastructure, includes paved roads, large capacity railroad and port complex owned by CVRD, power supply and good quality water. The project was evaluated in the past for ferronickel production. In the late 1990s, CVRD switched its attention to investigating the usage of pressure acid leaching. The combination of good metallurgical behaviour for pressure acid leach (PAL) process route with reasonable mineable grades, and existing infrastructure justified the start of engineering studies in 2002. The project approach at the engineering phase is based on the dual objective of minimizing risks while maximizing project profitability and value. CVRD is currently completing the Niquel do Vermelho prefeasibility study. This paper outlines the main outcomes of the study and future perspectives for the project.