Division 48Production of nickel

Division 48—Production of nickel

348 (1) The production of nickel is the chemical and physical transformation of either or both of: (a) nickel bearing inputs into intermediate nickel products, primary nickel products or cobalt products; (b) intermediate nickel products into primary nickel products or cobalt products. (2) The production of nickel is specified as an emissions‑intensive trade‑exposed activity. (3) The production of nickel is a moderately emissions‑intensive activity. (4) For the production of nickel, the basis for the issue of free carbon units is that the nickel is: (a) measured, on a dry weight basis, by a tonne of: (i) 100% equivalent nickel, contained in the following: (A) primary nickel products produced from nickel bearing inputs; (B) intermediate nickel products produced from nickel bearing inputs that are not subsequently transformed into primary nickel products at the same facility; (C) primary nickel products produced from intermediate nickel products that have not been produced at the same facility; or (ii) 100% equivalent cobalt, contained in cobalt products; and (b) produced by carrying on the emissions‑intensive trade‑exposed activity; and (c) of saleable quality.

Note: Saleable quality is explained in Part 2.

(5) In this Division:

cobalt products means:

(a) cobalt hydroxide (Co(OH)2) or cobalt oxyhydroxide (CoOOH) where the concentration of cobalt is at least 65% with respect to mass, measured on a dry weight basis; and
(b) cobalt (Co) where the concentration of cobalt is at least 99% cobalt with respect to mass, measured on a dry weight basis.

intermediate nickel products means the following outputs of saleable quality from a nickel production process that are suitable for further refining:

(a) nickel matte where the concentration of nickel is at least 64% nickel with respect to mass, measured on a dry weight basis;
(b) mixed nickel‑cobalt hydroxide precipitate where the concentration of nickel is between 35% and 47% with respect to mass, measured on a dry weight basis;
(c) basic nickel carbonate (Ni3(CO3)(OH)4) where the concentration of nickel is between 40% and 45% with respect to mass, measured on a dry weight basis;
(d) nickel sulphide concentrate (NiS) where the concentration of nickel is between 6.5% and 29% with respect to mass, measured on a dry weight basis.

nickel bearing inputs means mineralised nickel ores and low grade nickel waste products that require equivalent processing to mineralised nickel ores to produce intermediate or primary nickel products.

primary nickel products means: