Established in 1997, Geotechnologya owns an exploration and exploitation license for the prospective copper-nickel deposit in the ‘Kvinum-Kuvalorogsky field’ and to operate the ‘Shanuch cobalt-nickel deposit’.
The open pit mining operation started in 2004 and underground mining in 2008. Since 2004, Geotechnologya has successfully been shipping nickel to reputable customers in the PR China.
The infrastructure and roads have been newly constructed and purpose built. Geotechnologya is now ready to develop the processing plant for the production of a nickel/cobalt concentrate and a copper concentrate.
Key location in Kamchatka with strong government support and existing infrastructure. Close to the fastest growing battery markets - China, Japan, South Korea.
One of the highest-grade nickel operations in the world. Long mining history with substantial purpose-built infrastructure in place.
Growth - on track to construct a nickel processing plant by 2024.
Option to vertically integrate operations. Convert nickel sulphide concentrates into nickel sulphate for direct supply to the battery industry.
Significant discovery potential in both license areas. First mover advantage.