Direct Nickel (DNi) CEO Russell Debney Presents to the Capital Markets in Sydney
Sydney, Aug 11, 2011 (ABN Newswire) - FINANCE VIDEO: Direct Nickel (DNi) CEO Russell Debney Presents to the Capital Markets in Sydney. Russell Debney has worked in the mining and resources industry since 1975 and is a qualified commercial and corporate lawyer who became a director of Global Engineering (Global), a consulting engineering and project management company specialising in the offshore oil and gas industry.
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In 1997, Russell joined Julian Malnic in founding Nautilus Minerals. Julian and Russell had previously promoted a private investment group to form a joint venture with Australian Resources Limited to re-open exploration of Mt Cobalt in South West Queensland.
As Chairman of Nautilus until its listing in Toronto in mid-2006, Russell has been actively involved in all aspects of the financing and development of Nautilus Minerals Inc and remains a director.
The Direct Nickel (DNi) Process is a hydrometallurgical process for nickel laterite deposits. It is believed to be the only process capable of treating the full laterite profile, from limonitic to saprolitic ores in a single flowsheet. It is a tank leach process that operates at atmospheric pressure, or with the option of mild pressure, and treats the ore at relatively low temperatures. The leach process uses a special reagent package to liberate in 2-4 hours more than 95% of the nickel, cobalt and other metals into solution. The insoluble residue is neutralised and sent to a waste disposal facility. The solution is then sequentially processed to extract the individual metals.
About Direct Nickel Pty Ltd
Direct Nickel Pty Ltd (DNi) is building a nickel inventory by acquiring interests in undervalued laterite resources and is substantially revaluing these resources by applying the DNi Process. A successful DNi Process will revalue nickel companies by 20-30 times (by market capitalisation).
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Direct Nickel Pty Ltd