Latest Nickel Cobalt News

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.

Nico Resources has completed a heavily oversubscribed $3.73 million placement to fund exploration and development at its flagship Wingellina nickel-cobalt project. The capital raise underscores strong institutional confidence in the project’s long-term potential.

Nickel Industries faced a challenging December quarter due to delayed regulatory approvals impacting ore sales, yet the company kicked off 2026 with robust nickel ore sales and record earnings from its HPAL project.

Firebird Metals has commissioned its proprietary equipment for producing advanced lithium-manganese-rich cathode materials at its China pilot plant, aiming to start production in February 2026 with customer samples planned for later in the year. The project is co-funded by strategic partner Taza Metal Technologies, reducing capital risk and accelerating development.

Parabellum Resources has confirmed continuous, near-surface nickel-cobalt mineralisation at its Miandetta prospect, extending the deposit's footprint significantly. Phase 3 drilling results reveal multiple high-grade intercepts, reinforcing the project's potential in New South Wales.

Chariot Resources has inked a non-binding MOU with Shanghai GreatPower to collaborate on lithium offtake, financing, and processing in Nigeria, marking a significant step in developing the country’s lithium sector.

Nickel Industries has secured a strategic partner in Sphere Corp., which will acquire a 10% interest in the ENC HPAL project and enter into a nickel offtake agreement, marking a significant step into Western aerospace markets.

Kuniko Limited reports promising high-grade gold and silver rock chip results at its Geenobby Prospect, confirming a structurally controlled mineralised system and setting the stage for imminent drilling in early 2026.

Panther Metals has completed a $315k shortfall placement, bolstering its funding as it plans deeper drilling at Burtville East and initiates a strategic review of its Coglia project in response to soaring cobalt prices.

Kuniko Limited has appointed Maja McGuire as Interim Managing Director amid a leadership transition, with plans to launch a key drilling program targeting gold and silver in early 2026.

Western Yilgarn NL has secured critical access rights for its Cardea 2 Bauxite Project, enabling immediate fieldwork, while simultaneously initiating ground exploration at the Ida Holmes Junction Project targeting key critical minerals.

Nickel Industries has secured approval to increase its 2025 nickel ore sales quota by 1.5 million wet metric tonnes, enabling immediate sales resumption. This milestone is underpinned by a groundbreaking environmental permit that supports innovative, sustainable mining practices.