Latest Nickel Laterite Resources News

Alliance Nickel Limited has secured $2.4 million from a 63% take-up of its $4.15 million entitlement offer, with director Jamie Sullivan underwriting a portion of the shortfall. The remaining shares are yet to be placed as the company moves forward with its NiWest project.

Alliance Nickel Limited (ASX:AXN) has launched a non-renounceable entitlement offer to raise approximately A$4.15 million, aiming to fund capital cost optimisation for its NiWest Nickel-Cobalt Project and support general working capital.

Podium Minerals has announced its maiden JORC-compliant Mineral Resource Estimate for the Range Well Nickel Project, reporting 2.63 million tonnes of contained nickel. The resource, adjacent to its flagship Parks Reef PGM Project, offers promising operational synergies and strategic growth opportunities.

Ardea Resources has made disciplined progress on its Kalgoorlie Nickel Project’s Definitive Feasibility Study, supported by renewed Major Project Status and full funding from a Japanese consortium. Completion is on track for mid-2026 amid robust resource updates and strategic partnerships.

Alliance Nickel has strengthened its financial footing with an additional $1.2 million in unsecured loans and extended existing $4 million facilities to mid-2026, underscoring lender confidence as it advances its NiWest project.