Resources are still exactly where they have always been30 Mar 2022 11:18
BAU : Monchegorsk battery metals -
Metals:
----------------Reserves*, Contained Metal, tonnes -------------Resources**, Contained Metal, tonnes
Copper------------------292,714---------------------------------------------- 1,807,049
Nickel***-------------- 388,485----------------------------------------------- 1,858,875
Cobalt-------------------13,947------------------------------------------------114,925
Sources: Russian Feasibility Studies, Reserves & Resources Reports, Rosgeo, Norilsk Nickel
* Reserves include B, C1 and C2 categories under the Russian classification
** Resources include P1 and P2 categories under the Russian classification and do not include P3
*** The cut-off grade is in the range of 0.3% - 0.5%
**** The cut-off grade is in the range of 0.5 to 4 g/t
***** The total of reserves and resources in the table above is 184.6Moz of Platinum equivalent
GLA