Deep Space Industries is pleased to announce the election of Julian Malnic, accomplished entrepreneur and business leader, to its Board. Julian is a recognized leader in the global mining industry, having founded both Nautilus Minerals Inc. and Direct Nickel, an emerging nickel producer with a revolutionary and dramatically lower cost extraction technology.
Direct Nickel Limited
The method, developed by Julian Malnic, of Sydney's Direct Nickel (ASX:DIR), and colleagues, is expected to facilitate processing of nickel bound in a common type of laterite rock. Laterite rocks, which are formed through weathering, bear most of the world's future nickel resources however up until now have been uneconomic to process using existing methods.