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PHILIPPINES NICKEL PLANT COSTS UP 22% | .

The cost of building the Philippines' 2nd nickel processing plant, due to be completed next year, will rise 22% to $US1.59B, swelled by higher material prices and spec changes, according to the country's biggest nickel miner Nickel Asia Corp. The cost estimate for the Taganito plant in southern Surigao del Norte province is now $290M .

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Nickel concentrate from Voisey's Bay will be shipped to Long Harbour to be processed into finished nickel and associated copper and cobalt products. In designing the LHPP, Vale sought to develop a new, more efficient process for processing Voisey's Bay concentrate than traditional smelting and refining.

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The pulp is then conveyed via a pipe which extends for 8km to the autoclave at the processing plant. When it is in full production, the plant will process approximately 536t of pulp per hour. Production and costs. At full capacity, Goro will produce 60,000t annually of nickel in the form of nickel oxide, which will contain 70% to 80% nickel.

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PHILIPPINES NICKEL PLANT COSTS UP 22% | .

The cost of building the Philippines' 2nd nickel processing plant, due to be completed next year, will rise 22% to $US1.59B, swelled by higher material prices and spec changes, according to the country's biggest nickel miner Nickel Asia Corp.The cost estimate for the Taganito plant in southern Surigao del Norte province is now $290M .

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