May 03, 2022 / 02:30AM GMT
Scott Williamson - Blackstone Minerals Limited - MD
Thanks, Jerry. Thanks to Vertical Events for the opportunity again to present. Today, I'll be talking about our flagship Ta Khoa Nickel-Sulfide project in Northern Vietnam, and how we are well positioned to feed into the EV revolution with our downstream lithium ion high-nickel cathode focus.
So you can see, the demand coming from the electric vehicle movement -- 1.2 million tonnes of nickel required. That's more than the current Class 1 nickel supply in the world today.
So we need to find almost as much as we're currently mining within the next two to three, five years. So there's significant demand coming, and it's a push towards a high nickel cathode, towards the 8:1:1 ratio of nickel to cobalt to manganese. That's the high nickel cathode mix that we're looking to produce from our lithium ion downstream plant in Northern Vietnam.
So we believe this is one of the most exciting movements we've seen in a generation or two. It's a once-in-a-lifetime opportunity. There's significant amount of capital coming from the downstream
Blackstone Minerals Ltd at Vertical Events RIU Sydney Resources Round-Up Transcript
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