tiprankstipranks
Nico Resources Advances Wingellina Nickel-Cobalt Project
Company Announcements

Nico Resources Advances Wingellina Nickel-Cobalt Project

NICO Resources Limited (AU:NC1) has released an update.

Don't Miss our Black Friday Offers:

Nico Resources Limited has made significant progress in its Wingellina nickel-cobalt project, despite challenging market conditions. The company completed an updated Mineral Resource Estimate, revealing 1.7 million tonnes of contained nickel, and achieved improved metallurgical test results, indicating strong potential for nickel and cobalt production. Additionally, Nico has explored cost-effective logistics options and reduced expenditure amid a competitive metals price environment.

For further insights into AU:NC1 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App