The link below- on nickel- is a concise guide for ASX investors (2022)
By Kerry Sun
Mon 07 Nov 22, 7:36pm (AEDT)
In the linked article Andrew Penkethman, Managing Director & CEO of Ardea Resources gives an update:
- From our perspective, it’s all about advancing the Kalgoorlie Nickel Project towards production and ultimately becoming one of the largest nickel cobalt producers in the world supplying sustainable and ethical battery mineral supply. We’re undertaking a PFS at the moment due for completion in the March quarter of 2023 and that will update the Ore Reserve and financial metrics for our 3.5Mtpa base case processing facility located only 70km northwest of the City of Kalgoorlie-Boulder.
- That will build upon our PFS and expansion study completed in 2018. The whole reason we’ve continued to increase the project scale is due to the rapidly escalating demand for nickel, primarily related to the EV industry and the rapid expansion of lithium-ion batteries, as well as strong demand out of traditional uses like stainless steel. We’ve also continued to enhance our flow sheet, using technology successfully in use at existing operations.
- In terms of upcoming deliverables, we will have an announcement soon on metallurgical testwork enhancement, PFS updates, continuing to build our owners team and assay results from Emu Lake nickel sulphide exploration. We are undertaking a Strategic Partner process and working with Federal Government agencies, such as Austrade, the Critical Minerals Office and Export Finance
- Australia and will provide updates on these ongoing engagements, as well.
- https://www.marketindex.com.au/news/nickel-a-concise-guide-for-investors
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