Conico Limited (AU:CNJ) has released an update.
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Conico Ltd’s latest quarterly report highlights ongoing exploration efforts at the Mt Thirsty Project in Western Australia, a joint venture with Horizon Minerals. The project, which holds significant resources of cobalt, nickel, and manganese, is exploring strategic options including further drilling and the potential production of high-value Precursor Cathode Active Material (pCAM) for lithium-ion batteries. These developments could significantly enhance the project’s economic viability.
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