NICO Resources Limited (AU:NC1) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.