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European Nickel One2One Investor Presentation 8 April 10

European Nickel One2One Investor Presentation 8 April 10

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CREATING A UNIQUE NICHE IN NICKEL LATERITES - LOW COST HEAP LEACHING<br />

• Heap leaching process commercialised by<br />

<strong>European</strong> <strong>Nickel</strong><br />

• Offers lower capex and lower opex than<br />

HPAL<br />

• Continuous integrated testing over 3 year<br />

period at Çalda<br />

– Full height trial heaps<br />

– Demonstrate permeability and recovery<br />

• Heap recovery 75%<br />

• Precipitation plant<br />

– Generates plant design data<br />

– Produces mixed hydroxide product<br />

• Partnering with BHP Billiton<br />

– Joint technology development<br />

6

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