First Atlantic Nickel & Cobalt (FAN.V) on Wednesday released preliminary results from a proprietary recovery and concentration process in its first metallurgical recovery and concentration test work on awaruite.
The process upgraded rock samples from the RPM Zone of First Atlantic's Pipestone XL nickel-cobalt-alloy project into a high-grade alloy concentrate averaging 67.4% nickel and grading up to 71.9% nickel and 1.76% cobalt.
The company has launched the permitting process for a large-scale bulk sample at the RPM Zone to advance its recovery and concentration process, called ONSHORE MAX, toward a pilot-scale plant.
Awaruite is a naturally occurring nickel-iron-cobalt alloy that already exists in a reduced metallic state, allowing it to bypass smelting, roasting or high-pressure acid leaching when being concentrated.