OUR AUSTRALIA BASED PROJECT IS
Focused on Copper Mining
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HIRU is a holding company which performs its activity through Avebury Nickel project. Avebury Nickel project is the Avebury Nickel mine located in Tasmania, 8 km west of the town Zeehan.
Projected nickel recovery is estimated at 75%, based on historical data. The company plans to process ore ranging from 900,000 tonnes per year to a peak of 1,160,000 tonnes during its most productive years.
Forecasted average nickel prices are structured as follows:
- 2024: $21,000 per tonne
- 2025: $21,040 per tonne
- 2026-2034: $22,215 per tonne
Management views our forecasts as conservative, expecting prices to rise to the range of $22,000 to $23,000 per tonne from 2026 onward.
The value of Western Australia's nickel sales rose 42% to 54.9 billion in 2021-22.
The global nickel market size reached US$ 33.5 Billion in 2022. It is expected that the market will reach US$ 46.2 billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.
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Experienced Staff
Ore Supply
Land Mining
Crude Ore Transport
Land Inspection
