Mining Intelligence and News
New Caledonia

Societe Le Nickel (SLN) Mine

Click for more information

Categories

Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Nickel
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotSociété Le Nickel-SLN operates five mines and one ferronickel producing metallurgical plant.

SLN produces high-grade ferronickel at the Doniambo plant and exports nickel ore.

As of April 25, 2024, in New Caledonia, SLN continues to face major challenges and its financial situation remains critical. Operations at the Poum site have been suspended since August 2023. Production at the Nepoui site was declined by nearly 40% over the period (Q1 2023). In addition, the mining activities it operates in the Northen Province have been suspended since mid-April 2024. The administrative process for resumption is underway.

Owners

SourceSource
CompanyInterestOwnership
Nisshin Steel Co., Ltd. 10 % Indirect
Provincial government of New Caledonia 34 % Indirect
Eramet Group 56 % Indirect
Société Le Nickel – SLN (operator) 100 % Direct
Ownership is split between the French minerals group Eramet (56%), the holding company Société Territoriale Calédonienne de Participation Industrielle (entity held by the provinces of New Caledonia) (STCPI) jointly owned by New Caledonia’s three provinces (34%), and Nisshin Steel (10%).

Deposit type

  • Laterite

Summary:

Société Le Nickel-SLN is mining oxidised nickel deposits formed by the weathering of ultrabasic rocks.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

Lock

- subscription is required.

Production

CommodityUnits202320222021202020192018
Nickel kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe4754
All production numbers are expressed as metal in alloy. ^ Guidance / Forecast.

Operational metrics

Metrics20222021202020192018
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe4,655 kwmt4,045 kwmt

Production Costs

CommodityUnits20222021202020192018
Cash costs Nickel USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 5.91 / lb   5.7 / lb  

Financials

Units20222021202020192018
Capital expenditures M EUR  ....  Subscribe  ....  Subscribe  ....  Subscribe 30   49  
After-tax Income M EUR  ....  Subscribe
EBITDA M EUR  ....  Subscribe  ....  Subscribe  ....  Subscribe 59  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameEmailProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required ........... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required Subscription required Mar 28, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023

EmployeesTotal WorkforceYear
...... Subscription required ...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020
...... Subscription required 2019
...... Subscription required 2018

Aerial view:

Lock

- subscription is required.