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Ardea Advances Kalgoorlie Nickel Project with $98.5M DFS Backing from Japanese Consortium

3:41pm on Tuesday 18th of February, 2025 AEDT Mining
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Ardea Advances Kalgoorlie Nickel Project with $98.5M DFS Backing from Japanese Consortium

3:41pm on Tuesday 18th of February, 2025 AEDT
Key Points
  • KNP Goongarrie Hub DFS fully funded by Sumitomo Metal Mining and Mitsubishi Corporation consortium
  • Project boasts a 40+ year mine life with strong financial metrics including a post-tax NPV of A$4.98 billion
  • Large-scale nickel-cobalt resource with over 6 million tonnes of contained nickel
  • Innovative ESG initiatives including Mineralised Neutraliser technology and low carbon footprint
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