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The latest announcement is out from NICO Resources Limited ( (AU:NC1) ).
Nico Resources Limited has received a A$366,174 tax refund under the Australian Government’s R&D tax incentive scheme for research and development activities undertaken during the 2025 financial year at its Wingellina nickel-cobalt project in Western Australia. The rebate strengthens the company’s funding for ongoing R&D work at this large-scale critical minerals project and, with Nico expecting to continue eligible activities and claim future offsets, underscores the role of government incentives in supporting the development and de-risking of long-life nickel-cobalt supply for the energy transition.
More about NICO Resources Limited
Nico Resources Limited is an ASX-listed nickel-cobalt development company whose principal asset is the Wingellina nickel-cobalt project in Western Australia, one of the world’s largest undeveloped nickel-cobalt deposits. A 2022 pre-feasibility study confirmed the technical and economic viability of developing Wingellina using the HPAL process to produce around 40,000 tonnes of nickel and 3,000 tonnes of cobalt per year for over four decades at competitive costs, positioning the project to serve growing global demand for critical minerals in the energy transition.
Average Trading Volume: 106,151
Technical Sentiment Signal: Sell
Current Market Cap: A$11.94M
For a thorough assessment of NC1 stock, go to TipRanks’ Stock Analysis page.