Ardea Resources Limited is an Australian mining company dedicated to developing the Kalgoorlie Nickel Project (KNP), which represents one of the largest and most promising nickel-cobalt resources in the world. Located in Western Australia, just 70km from Kalgoorlie-Boulder, the project boasts an impressive Mineral Resource Estimate of 854Mt at 0.71% Ni and 0.045% Co, with the Goongarrie Hub hosting 584Mt of high-quality nickel-cobalt minerals. The company’s strategic approach focuses on creating a low-cost, environmentally responsible, and long-term mining operation that is well-positioned to meet the growing global demand for battery minerals.
A key differentiator for Ardea is its strategic partnership with major Japanese corporations Sumitomo Metal Mining Co., Ltd (SMM) and Mitsubishi Corporation (MC), who are funding the A$98.5M Definitive Feasibility Study. This collaboration not only validates the project’s potential but also provides access to world-class expertise and global market connections. The company aims to be a potential lowest-cost producer, with estimated operating costs of $6,000-$10,000 USD per tonne, thanks to premium ore quality and innovative processing techniques such as using mineralised neutraliser to reduce costs and improve metal recovery.
Ardea Resources is committed to sustainable and responsible mining practices, with plans for in-pit tailings and evaporation that are well-suited to the semi-arid environment. The project is expected to have a 40+ year operational life, with potential for future expansion and alignment with anticipated market nickel deficits from 2029/2030 onwards. Supported by an experienced management team and a tight capital structure, Ardea is positioning itself as a premier battery minerals company poised to play a significant role in the global transition to renewable energy technologies.
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