The University of Southampton
University of Southampton Institutional Repository

Nodules and crust economics: relationship between cobalt and nickel price

Martino, Simone and Parson, Lindsay M. (2011) Nodules and crust economics: relationship between cobalt and nickel price In Proceedings of the 9th ISOPE Ocean Mining Symposium MAUI, Hawaii, USA, June 19-24, 2011. International Society of Offshore and Polar Engineers., pp. 213-220.

Record type: Conference or Workshop Item (Paper)

Abstract

This paper compares the economic feasibility of two deep seabed mining deposits, manganese nodules and cobalt crust using a new quantitative indicator, the cobalt/nickel price ratio, that verifies the equality between the net present value (NPV) of the two resources. NPV is based on two different models, a multi-period and a singleperiod time cash-flow. In both cases results are similar and show that
the current price of nickel could produce equality between NPV of manganese nodules and cobalt crust only if the cobalt price were several hundreds dollars per kg. Results are based on cost of mining estimated by Yamazaki for Japanese licensed deposits, and can be used as a guide in the absence of more recent commercially-derived cost models.

Full text not available from this repository.

More information

Published date: 2011
Venue - Dates: Ninth ISOPE Ocean Mining Symposium, United States, 2011-06-19 - 2011-06-24
Keywords: seabed mining, manganese nodules, cobalt crust, mining economics, sensitivity analysis, cobalt/nickel price ratio, discounted cash-flow
Organisations: Marine Geoscience

Identifiers

Local EPrints ID: 300546
URI: http://eprints.soton.ac.uk/id/eprint/300546
ISBN: 978-1-880653-95-1
PURE UUID: 998eba05-26e9-418d-b2a8-1ce45b0ae9c9

Catalogue record

Date deposited: 22 Feb 2012 14:53
Last modified: 18 Jul 2017 06:14

Export record

Contributors

Author: Simone Martino
Author: Lindsay M. Parson

University divisions

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×