GLOBAL GROWTH OPPORTUNITIES
In addition to MRT’s wholly owned Canadian and Western Australian projects, MRT is currently evaluating an exciting pipeline of high-grade base, specialty and precious metal tailings retreatment opportunities located exclusively in low sovereign risk jurisdictions.
Large scale mining of the Earth’s mineral resources has taken place since the days of the Roman Empire some 2000 years ago. Consequently, a large and very valuable inventory of mineral processing waste has accumulated on the planet’s surface.
For example, there is approximately 1 to 2 million tonnes of recoverable, sulphide-hosted nickel in 250 million to 1 billion tonnes of nickel sulphide flotation tailings deposited around the world assuming a conservative sulphide nickel grade of about 0.2% to 0.4% Ni. At a conservative nickel price of US$15,000 per tonne, this inventory of available sulphide nickel in tailings has an in situ value of US$15 to $30 billion which at 50 kilograms per vehicle equates to the nickel input requirements of 20 to 40 million Tesla Model 3 battery packs.
MRT is ideally positioned to exploit this global inventory on a large scale, at low cost and with negligible associated CO2 emissions which in turn will have a profound effect on the future affordability and environmental sustainability of sulphide-sourced Class 1 nickel.
