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laterite

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.14 sec.

laterite

Soil layer rich in iron oxide and sometimes aluminum, derived from a wide variety of rocks by leaching. It forms in tropical and subtropical regions where the climate is humid. Laterite is blackish brown to reddish and has been used as an iron ore and, in Cuba, as a source of nickel.
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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.
Sabah Tavai Nickel Project Applied for by Tiger International by Business Wire
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.
Falconbridge Provides Update and Preliminary Resource Estimate for ... by Business Wire
Koniambo is one of the world's largest and highest-grade undeveloped nickel and laterite deposits.
Technip and Hatch Joint Venture Awarded Koniambo Nickel Project in ... by Business Wire
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