Corporate Strategy

Optimise

New Wingellina feasibility study
Additional scoping level analysis
- Nickel processing technology
- Renewable power investigation
- HPA refinery
- pCAM processing
- Carbon life cycle analysis
- E-Fleet analysis
Finalise project development strategy and complete Definitive/Bankable Feasibility study

The project reserve currently in excess of 40+ Year mine life at 40,000tpa Ni and 3,000tpa Co
Shovel ready project
- EPA approval granted in 2016
- Access & development agreement in place
- Sufficient water sources
Modularised capital intensity investment strategy
Genuine ability to deliver “Green Ni tonnes to the market”
Unparalleled economic opportunities for community

LOM production strip rate 1:1 with first 20 years 0.5:1
Free dig operation Average ore thickness of 80m
Advantageous ore chemistry (High Fe/ Low MgO) project highly amenable to HAPL operations
Low relative Acid Consumption <300 Kg/t
Consolidate the Musgraves to unlock the metallogenic potential of the region for multiple geological systems
Conduct exploration across all tenements significantly increasing the LOM beyond 40 years and look to increase potential production profile
Fundamentally the most underexplored Proterozoic mobile belt in Australia