About Nickel

Nickel Socio-Economic Impact

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Socio-economic Impact Of Nickel

Nickel is a resource that has a host of benefits it offers. It is a highly sought-after material that grants manufacturers the ability to improve their metal quality and make it stand the test of time. In the following, the role that nickel plays in economic nerve centres is examined.

In the Steel Industry

As stated, nickel has several qualities that make it the desired material for manufacturers. In the steel industry, nickel is popular for its ability to alloy — or mix — with other metals. Once nickel is introduced into a metal, the product acquires a further level of strength. It can resist the destructive efforts of chemical reactions or natural elements with ease. Individually also, nickel is a strong metal on its own.

In the Oil and Gas Industry

The oil and gas sector requires that the kind of equipment used is imbued with many qualities. Due to the corrosive environment in which mining of oil products is done, a metal used in this industry must possess corrosion resistant capabilities. It is in this regard that nickel presents itself.

Its excellent corrosion-resistant abilities boost its appeal to petrochemical engineers. When used in pipe fittings, subsea installations, pumps, valves, and other equipment, nickel-based alloys are highly reliable. 

Numerous factors also govern the selection of nickel as a material for oil and gas equipment. The environment in which it will function is hot gas, intemperate marine atmospheres, acidic chemicals, and several others that can whittle away at metal. Equally, there is the consideration of how easy it would be to carry out repairs.

Nickel-based alloys, in this sense, provide miners with the ease of fabrication that they need. This is an important way of saving costs as repairs are an otherwise expensive procedure. As such, nickel is important in the oil and gas sector because of its high corrosion resistance abilities, survival under high temperatures, ease of fabrication, and several other factors. 

Aerial view of southern mining factory, mine quarry in Ukraine

In Aerospace

In manufacturing plants, you must pay a lot of attention to the quality of the materials used. Doing this is important to ensuring the safety of a plane and its occupants during flights. In the past, gas turbine engines required frequent maintenance due to the inadequacy of the steel alloys used in making them.

Steel alloys degenerated very quickly due to the high temperatures they were subjected to in the combustion engine. This necessitated the migration from easily depleted steel alloys to nickel alloys, which could withstand the combustion’s unsavoury temperatures. The heat resistance is a quality that makes them far less prone to corrosion. Now, planes can go for several thousand hours before needing maintenance runs on their engines.

Improvements in technology have also made it possible to supplement nickel alloys with bits of other materials. These contribute to the overall strength and corrosion resistance needed in the gas turbines.

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