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The latest update is out from NICO Resources Limited ( (AU:NC1) ).
Nico Resources Limited reported on its activities for the quarter ending September 2025, highlighting progress at its Wingellina nickel-cobalt project. Despite weak market conditions for nickel, the company is advancing its project through planning and approvals for an infill drilling program and reviewing metallurgical data to optimize ore preparation. The company is also assessing the impact of Chinese export controls on scandium and exploring extraction alternatives. These efforts aim to enhance the project’s efficiency and adapt to market challenges, potentially affecting future pricing and production strategies.
More about NICO Resources Limited
Nico Resources Limited operates in the mining industry, focusing on the extraction and production of nickel and cobalt. The company is primarily engaged in developing the Wingellina nickel-cobalt project in Western Australia, which is recognized as a world-class oxide-type deposit. This project is capable of producing significant quantities of nickel and cobalt annually, positioning Nico Resources as a key player in the global market for these metals.
Average Trading Volume: 113,415
Technical Sentiment Signal: Buy
Current Market Cap: A$22.84M
See more data about NC1 stock on TipRanks’ Stock Analysis page.