Tuesday, October 30, 2018

How X-Ray Fluorescence Improved The Efficiency Of Nickel Mining Companies


Companies involved in nickel mining are using portable X-ray fluorescence (XRF) analyzers to improve extraction efficiency. Portable XRF analyzers can provide real-time analysis of nickel found in rocks, soil, sediment, drill cuttings, and drill core samples. Recent advances in portable XRF technology have improved the limits of detection Increased the number of elements measured, and reduced analysis test.

THE BUSINESS RESEARCH COMPANY VALUED THE NICKEL MINING GLOBAL MARKET AT $9 BILLION IN 2017

Asia Pacific was the largest geographic region in the market, accounting for more than half of the global market. China was the largest country accounting for one-fifth of the global nickel mining market.


The chart below shows the year-on-year growth of the global nickel mining market during 2017 – 2021



According to The Business Research Company’s Consultant, Nitin Gianchandani, internet of things technology gives miners greater insights on the working condition of their equipment. Sensors on the mining machinery drives predictive maintenance that in turn reduces the likelihood of unplanned, unscheduled downtimes that often drain the resources of mining companies. IoT technology gives realistic insights on machine wear and tear rates that enable miners to plan maintenance schedule accordingly.

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Vale SA was the biggest player in the nickel mining market, with revenues of $16.1 billion in 2016. Vale SA company’s growth strategy is to increase the production and sales of iron ores and reduce operational costs. Currently the company is concentrating on its S11D mine in the southern range of Carajas, Para, Brazil. The mine, at its full capacity, will produce 90 million tonnes a year, at a cost of nearly $7 a tonne, which will be approximately 41% less than Vale’s average expense now.

Nickel ore mining industries include companies carrying out activities such as developing mine sites and preparing nickel ores and recovering nickel concentrates through precipitation, leaching and elector wining nickel ores.

Nickel Mining Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.

About The Business Research Company:

Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.

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