NICO Resources Limited (AU:NC1) has released an update.
Nico Resources Limited reports positive advancements in their metallurgical testwork for the Wingellina Nickel-Cobalt Project, which is expected to significantly reduce operating and capital costs, and enhance production efficiency using High Pressure Acid Leach technology. Despite current market challenges, the company notes a recovery in nickel prices, positioning Wingellina as a potentially lucrative, long-term nickel source. The company has paused further pilot programs pending the completion of ongoing bench scale metallurgical tests.
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