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Ferroalloy production

Request the investment presentation

Technology

Materials

Non-ferrous metallurgy slag is a by-product of ore smelting containing valuable residues of copper, zinc, lead, nickel, cobalt, and other elements.
Neutralization cake — is an industrial precipitate formed during the treatment of nickel production wastewater. It contains nickel, copper, cobalt, platinum group metals, gold, and silver.

For PJSC Norilsk Nickel — it is an environmental liability with all the associated financial and reputational costs.
For us — it is simply a goldmine.
neutralization cake sourcing
valuable raw material
production
Supply volume under agreement with PJSC Norilsk Nickel (Kola MMC)
26 800
T / year
Ferroalloy production

Production process

Moisture removal 50–70%. A drying facility is planned near the tailings stockpiles to reduce transportation costs.
01

DRYING

Packaging in big bags and rail transportation of dry raw materials from Monchegorsk to Beloretsk for processing.
02

PACKAGING & TRANSPORTATION

Delivery of raw materials by road from the railway station to the processing site.
03

RAW MATERIAL DELIVERY

Required to minimise material losses during smelting due to dust emissions.
04

RAW MATERIAL BRIQUETTING

GOST labelling, packaging, logging into the warehouse management system, dispatch to buyer.
08

PACKAGING & DISPATCH

Fine-tuning of chemical composition to GOST specifications; re-melting if necessary.
07

ADJUSTMENT

Casting into molds; online chemical composition measurement using a portable express analyser.
06

PRIMARY QUALITY CONTROL

Beneficiation and reduction of metals from their oxide form; carried out in pyrometallurgical units.
05

PYROMETALLURGICAL STAGE

10 metals from a single raw material

Ni
Cu
Co
Nickel
Copper
Cobalt
Platinum
Palladium
Rhodium
Ruthenium
Iridium
Pt
Pd
Rh
Ru
Ir
Gold
Silver
Au
Ag

Ferroalloys

LME prices (London Metal Exchange), USD/tonne

Platinum Group Metals

LBMA prices, USD/troy oz

BY-PRODUCTS

LBMA prices, USD/troy oz
Total revenue
1 238
M RUB/year
Waste processing reduces CO₂ emissions and solid waste volumes, freeing enterprises from major environmental fines and levies.

NO ENVIRONMENTAL TAXES

Waste processing eliminates costly steps: roasting, hydrometallurgical leaching, converting, and electrolytic refining.

ELIMINATION OF COMPLEX CHEMICAL STAGES

Manufacturing nickel alloys from secondary raw materials (waste) is significantly cheaper than production from primary ores for several key reasons:

Why we cannot be copied

No nickel plant in Russia commercially processes metallurgical slags with recovery of metallic nickel.
The technology was developed experimentally over 5+ years of R&D. Patent application in progress.
The long-term agreement with PJSC Norilsk Nickel creates a barrier to entry for potential competitors.
Nickel and copper-nickel waste already contains valuable components (chromium, cobalt, molybdenum). During remelting they are retained, eliminating the need to purchase them separately for mandatory alloying.

READY ALLOYING ELEMENTS

Waste is cheaper to handle than maintaining deep shafts, quarry equipment, beneficiation plants, and tailings stockpiles.

LOW-COST LOGISTICS & PREPARATION

Average global production cost
11–18
K USD/tonne
Our cost of the calculated alloy (nickel, copper, cobalt, precious metals)
5,5
K USD/tonne

Example

Nickel
We use gas furnaces, and gas is significantly cheaper than electricity.
Moreover, remelting waste in gas furnaces requires up to 75–80% less energy than multi-stage mining, beneficiation, and nickel smelting from ore.

LOWER ENERGY COSTS

Secondary raw materials have a high target element content (in our case, 5−24%). In natural ores, nickel content rarely exceeds 1−3%, requiring the processing of enormous volumes of waste rock.

HIGH NICKEL CONCENTRATION

Ecology & ESG

Our technology is 100% zero-waste. Processing is carried out in a closed loop and generates no environmental pollution. We fully process industrial nickel production waste, preventing its accumulation in tailings stockpiles.
By investing in our project, you contribute to preserving the planet, as all funds go towards reducing industrial waste and minimising environmental damage. You not only earn a return but also make a real contribution to protecting the environment for future generations.
Every tonne of processed cake is one tonne that did not end up in the environment.
of industrial waste processed
26 800
t/year
of waste in the BFZ cycle
0
kg
Certified to
GOST R ISO 9001-2015
LLC "NFK"
TIN 7735201394
JSC "BFZ"
TIN 9703219177
The Consortium operates under Federal Law No. 335
©
Russian Ferroalloys Consortium, 2026
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