Last week we brought you bees with backpacks… but this week we’re bringing nickel back.
Please, don’t be scared – we’re not talking about that band. Instead, another of our awesome research collaborations – the Direct Nickel process – has been nominated for an award in The Australian’s Innovation Challenge. The project, which has the potential to unlock 70 per cent of the world’s nickel supply and provide an enormous boost to the Australian economy, is up for a gong in the Challenge’s Energy and Minerals category.
And again, we’re asking you to #voteCSIRO
So why do we think this deserves your vote? Well, ask any metallurgist and they will tell you: nickel is a versatile and important metal, famous for giving stainless steel its strength. In fact, nickel is used in hundreds of thousands of products: from nuts and bolts, to cutlery and cooking pots, through to industrial equipment and jet engines.
A new processing method for extracting this in-demand resource, developed by Sydney-based company Direct Nickel, is being tested at our brand-new, $3.5 million pilot plant in Perth.
It uses recyclable nitric acid as a more environmentally friendly and cost-effective way of extracting nickel from untapped laterite reserves, which are estimated to hold more than 70 per cent of the world’s total nickel supplies. And it just so happens that we have an abundance of nickel laterites in Australia, while other sources of nickel around the world are running low.
If all goes to plan, this processing method could be ready to roll out to industry in two years’ time – and it’s predicted that it could realise a $30 billion per year Australian nickel industry.
We reckon that’s worth a vote.