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- Ardea Resources’ (ARL) Kalgoorlie nickel project has been awarded major project status by the Australian Federal Government
- This status will assist in advancing the project towards development through stream lining approval processes and provides access to additional sources of potential project funding
- Kalgoorlie nickel project is Australia’s largest nickel-cobalt critical minerals project, located in the premier operating jurisdiction of Western Australia
- On the market this morning, Ardea is up 4.64 per cent and trading at $1.02 per share
Ardea Resources (ARL) has been awarded major project status for its Kalgoorlie nickel project (KNP) by the Australian Federal Government.
The status gives Ardea access to the major projects facilitation agency for intergovernmental coordination of project support and approvals.
Kalgoorlie nickel project is Australia’s largest nickel-cobalt critical minerals project, located in the premier operating jurisdiction of Western Australia.
The granting of the status will help the continued advancement of the project.
“The Ardea team thank the Australian Federal Government and its agencies for the
award of Major Project Status to the Kalgoorlie Nickel Project,” Managing Director Andrew Penkethman said.
“This recognition will assist in advancing the KNP towards development through stream lining the approvals process and providing access to additional sources of potential project funding.”
“Globally significant nickel-cobalt projects like the KNP, combined with a benign
environmental setting are a rareity.”
On the market this morning, Ardea was up 4.64 per cent and is trading at $1.02 per share at 11:40 am AEDT.
