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laterite |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
laterite [ˈlætəˌraɪt] n (Earth Sciences / Geological Science) any of a group of deposits consisting of residual insoluble deposits of ferric and aluminium oxides: formed by weathering of rocks in tropical regions [from Latin later brick, tile] lateritic [ˌlætəˈrɪtɪk] adj
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V) (Pink Sheets:TGILF), announces the company applied to the Government of Sabah, Malaysia, for a Prospecting License (PL) over the Tavai Nickel Project, a 21 sq km area that contains a resource of Laterite Nickel, Cobalt, and associated minerals. today announced a preliminary inferred resource estimate for two new significant nickel deposits on its Araguaia Nickel Laterite properties in the Para State of northern Brazil. Koniambo is one of the world's largest and highest-grade undeveloped nickel and laterite deposits. |
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