Ardea Resources has developed a high-tech mineral processing technique at its Goongarrie Hub project in Western Australia, boosting its nickel-cobalt inventory.

The company received a $1.1 million grant from the Federal Government for this innovation.

A Japanese consortium, including Sumitomo Metal Mining and Mitsubishi Corporation, has committed to funding a $98.5 million definitive feasibility study for the project, highlighting its global significance.

Ardea's patented 'mineralised neutraliser' process uses magnesite saprock to neutralize sulphuric acid in the leach circuits, resulting in cost savings and reduced carbon emissions.

This innovation has led to a 16% increase in the project's metal inventory.

The company's KNP project has substantial nickel and cobalt resources, with Goongarrie Hub being the key contributor.

The preliminary feasibility study revealed low nickel production costs, with potential cobalt credits further lowering expenses.

The presence of goethite mineral at the site facilitates easier mining, reducing drilling and blasting costs.

Sumitomo and Mitsubishi are part of a joint venture agreement to fund the DFS for the project.

Ardea Resources is well-positioned to meet the increasing demand for nickel in electric vehicle batteries, with its innovative processing technique and strategic partnerships paving the way for future success.