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NICO Resources Limited ( (AU:NC1) ) has provided an announcement.
Nico Resources Limited has made notable advancements in its Wingellina project during the December 2024 quarter, despite reducing expenditures due to weak market conditions. Key developments include successful metallurgical testwork, the awarding of Major Project Status by the Federal Government, and the progression of a geometallurgical model, highlighting the project’s strategic importance and potential impact on the energy transition.
More about NICO Resources Limited
Nico Resources Limited is a company operating in the mining industry, with a focus on nickel and cobalt production. The company’s primary project is the Wingellina nickel-cobalt project in Western Australia, which is recognized as a world-class deposit capable of significant annual production of nickel and cobalt.
YTD Price Performance: -12.38%
Average Trading Volume: 94,694
Technical Sentiment Consensus Rating: Buy
For detailed information about NC1 stock, go to TipRanks’ Stock Analysis page.
