NBM Production By Smelting Lateritic Nickel Ore - International ...
NBM Production By Smelting Lateritic Nickel Ore - International ...
NBM Production By Smelting Lateritic Nickel Ore - International ...
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5 SOME TOPICS IN THE INDUSTRYWater in <strong>Lateritic</strong> <strong>Nickel</strong> <strong>Ore</strong>:• Free moisture – 25%~40% (tested at 105ºC)• Fixed Water ---- 8%~10% (tested at 800ºC)Normal non-ferrous metal trading condition:• FOB Price = F x LME x P x (1 – Moisture)F = Factor for percentage of LMEP = Content of Ni in %• CFR Price = FOB Price + FreightTrading in the Philippines and Indonesia:• CFR Price = [(F x LNE x P) + Freight ] x (1 – Moisture)---- free water shipping cost paid by seller!!!INSG Meeting17