This document provides an overview of nickel laterite deposits, including:
1. Laterites form through chemical weathering of ultramafic rocks under tropical conditions, which leaches silica and magnesium and concentrates iron and other elements like nickel.
2. A laterite profile develops distinct zones from top to bottom with varying iron, nickel, magnesium, and other element concentrations based on the degree of weathering.
3. Major nickel resources are found in laterites, which make up 69% of the world's nickel resources compared to 31% in sulphide deposits. The top five countries by contained nickel in laterites are New Caledonia, Indonesia, Australia, Philippines, and Cuba.