ARL 5.21% 50.5¢ ardea resources limited

Ann: 2021 Annual General Meeting Presentation, page-35

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    The problem is: you cannot produce battery-grade nickel sulphate from a nickel laterite ore. It is only good for stainless steel production. You need nickel sulphide ore for the lucrative vehicle battery market.

    The solution is: find a nickel sulphide deposit. And Ardea have just successfully done this at Emu Lake!

    Th Emu Lake nickel sulphide discovery looks very significant for them.
 
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