Nickel Production Cost Reports

Nickel production cost report provides a comprehensive analysis and know-how for setting up a Nickel production plant. The study covers all the requisite aspects that one needs to know for the production of Nickel. This includes manufacturing processes, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc.

Nickel (Ni) is a chemical/metallic element classified as a ferromagnetic metal belonging to the Group 10 of the periodic table. It occurs naturally in the environment, which is the fifth most common element on the planet and can be found in the crust and core of the earth. It can be found in animals, plants and seawater in tiny amounts.

Nickel appears to be silvery-white with a shiny and lustrous look. It is resistant to corrosion and oxidation. It is hard, ductile, and malleable and is a relatively good conductor of electricity and heat. It has an atomic weight of 58.71 and an atomic number of 28. Its density is 8.902. It gradually dissolves in dilute acids except for nitric acid. It has a melting point of 1453° C and a boiling point is 2913 °C.

The Nickel industry is being propelled by the application of the metal for producing several superalloys that have properties like ductility, strength and heat and corrosion resistance. As it is great for making alloys which are further employed for making products like toasters, electric ovens, desalination plants for converting seawater into fresh water, in boat propeller shafts and turbine blades, its demand is increasing. It is mostly used to produce stainless steel, which comprises iron, chromium, and nickel.

Furthermore, its uses are split into rechargeable batteries, foundry products, plating, for making coins, as well as catalysts and other chemicals, which is further boosting the market demand. Metal is also used to make wires as it is easy to work with. Additionally, due to it being resistant to corrosion and high temperatures, it can find usage in gas turbines and rocket engines that, boosts the market's growth. Hence, due to its application in several end-user applications, such as in the military, consumer products, marine, industrial, transport/aerospace, and architecture, its market is witnessing further expansion.