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Nico Resources Advances Wingellina Project Amid Market Headwinds
8:20am on Tuesday 21st of January, 2025 AEDT
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Mining
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Nico Resources Advances Wingellina Project Amid Market Headwinds
8:20am on Tuesday 21st of January, 2025 AEDT
Key Points
Completion of updated Mineral Resource Estimate and geometallurgical modelling
Successful High Pressure Acid Leach (HPAL) metallurgical testwork confirming saleable nickel-cobalt product
Wingellina Project awarded Major Project Status by the Australian Federal Government
Company reduces discretionary expenditure due to short-term weak nickel market
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