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Miramar and Sumitomo Launch Ambitious JV to Unlock Giant Ni-Cu-PGE Deposits
12:40am on Sunday 21st of December, 2025 AEDT
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Mining
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Miramar and Sumitomo Launch Ambitious JV to Unlock Giant Ni-Cu-PGE Deposits
12:40am on Sunday 21st of December, 2025 AEDT
Key Points
Multi-year JV with Sumitomo targeting Noril’sk-style Ni-Cu-PGE deposits
Sumitomo can earn up to 90% interest through staged expenditure and feasibility study
Miramar retains management role and minimum 10% interest in the project
Recent exploration confirmed disseminated nickel and copper sulphides at Bangemall
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