Climate Change

Critical minerals are essential for the functioning of modern technologies (such as electric vehicles, turbines, rechargeable batteries), economies or national security. A Mixed Nickel-Cobalt Hydroxide Precipitate (MHP) product will be produced by the Wingellina Project and utilised in energy storage technologies amongst other uses for Nickel and Cobalt.

The production of MHP is energy intensive resulting in greenhouse gas emissions. Therefore, Nico has developed a 3-phase decarbonisation strategy aimed at achieving a net zero emissions target by 2050, in alignment with the Paris Agreement.

In reducing the carbon footprint of the Wingellina Project, Nico plans to obtain the majority of its power from renewable energy sources such as solar, wind and steam, combined with a Battery Energy Storage System (BESS) during the first phase of its decarbonisation strategy. Electrification and carbon offsets will form the focus of the second phase. A replacement technology for the neutralisation of its tailings will form the focus of the third phase.