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  • Ardea Resources: Developing a generational nickel-cobalt asset
09 October 2025
WRITTEN BY Mining.com.au Staff Writers

Ardea Resources: Developing a generational nickel-cobalt asset

Mining.com.au is proud to present a new investor video series featuring Ardea Resources (ASX:ARL) and its Kalgoorlie Nickel Project – a globally significant, long-life critical minerals development in Western Australia.

In Episode 1, Chris Cann sits down with Andrew Penkethman, Chief Executive Officer of Ardea Resources, to explore the background and potential of this 40-year nickel and cobalt project, currently progressing through its Definitive Feasibility Study (DFS).

What you’ll hear

  • A generational asset: 40-year mine life, producing 30,000t nickel and 2,000t cobalt annually
  • Strong economics: (2023 PFS – $5 billion NPV, 23% IRR)
  • Global partnership: Joint venture with Sumitomo Metal Mining and Mitsubishi Corporation
  • Technology shift: DFS optimises flow sheet from MHP to MSP, reducing CO₂ and improving grade
  • Next steps: DFS updates, resource drilling, scandium assays, and major project approvals
Add to Watch List:
Written By Mining.com.au Staff Writers

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