NICO Resources Limited (AU:NC1) has released an update.
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NICO Resources Limited reports significant enhancements in the metallurgical processes for its Wingellina Nickel-Cobalt Project, which is poised to be a low-cost, long-life operation with high operating margins. Recent tests have shown improved leaching kinetics and higher recoveries of nickel and cobalt, with a potential reduction in acid consumption by over 10%. These advancements support the project’s development, reinforcing its competitiveness against Indonesian nickel market entrants and its importance in global energy transition efforts.
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