[SMM Nickel Flash] Canadian Awaruite Project to Bypass Smelting with 60% Ni Concentrate

Published: Mar 31, 2026 22:38
According to industry reports, the Pipestone XL project in Newfoundland, Canada, is advancing its awaruite (Ni₃Fe) nickel-cobalt deposit to supply the North American defense and energy storage sectors. Awaruite, a naturally occurring, sulfur-free magnetic alloy containing approximately 77% nickel, enables the production of a high-grade ~60% nickel concentrate through simple magnetic separation and flotation. This unique metallurgical profile completely bypasses carbon-intensive pyrometallurgical smelting and early hydrometallurgical stages like high-pressure acid leaching (HPAL).

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Stainless Steel Flash] Taiwan, China’s Yusco Hikes Stainless Prices for Fifth Straight Month
Common.Time.minsAgo
[SMM Stainless Steel Flash] Taiwan, China’s Yusco Hikes Stainless Prices for Fifth Straight Month
Read More
[SMM Stainless Steel Flash] Taiwan, China’s Yusco Hikes Stainless Prices for Fifth Straight Month
[SMM Stainless Steel Flash] Taiwan, China’s Yusco Hikes Stainless Prices for Fifth Straight Month
Yieh United Steel Corp. announced further price increases for April 2026, marking its fifth consecutive monthly hike since December 2025. The mill raised surcharges for 304 and 316L series by NT$4,000/ton, while the 430 series rose by NT$1,500/ton. The cumulative growth for 304 products has now reached NT$19,500 over five months. These adjustments are driven by soaring energy costs amid Middle East tensions and tight supplies of ferrochrome and scrap. Additionally, potential Indonesian nickel export duties and stricter ore controls have pushed NPI prices higher. Combined with TWD exchange rate volatility, these factors necessitated the hike to offset rising production expenses.
Common.Time.minsAgo
Trump: US to End Military Operations Against Iran in 2-3 Weeks, May Reach Agreement Sooner
1 hour ago
Trump: US to End Military Operations Against Iran in 2-3 Weeks, May Reach Agreement Sooner
Read More
Trump: US to End Military Operations Against Iran in 2-3 Weeks, May Reach Agreement Sooner
Trump: US to End Military Operations Against Iran in 2-3 Weeks, May Reach Agreement Sooner
Trump said that the US would end its military operations against Iran within “two to three weeks” and might reach an agreement with Iran before then.
1 hour ago
China, Pakistan Propose Five-Point Plan for Peace in Gulf, Middle East
1 hour ago
China, Pakistan Propose Five-Point Plan for Peace in Gulf, Middle East
Read More
China, Pakistan Propose Five-Point Plan for Peace in Gulf, Middle East
China, Pakistan Propose Five-Point Plan for Peace in Gulf, Middle East
China and Pakistan proposed a five-point initiative on restoring peace and stability in the Gulf and Middle East region: First, immediately cease hostilities; second, start peace talks as soon as possible; third, ensure the safety of non-military targets; fourth, ensure the security of shipping lanes; fifth, ensure that the UN Charter takes precedence.
1 hour ago