In the latest episode of our Ardea Resources (ASX:ARL) video series, Andrew Penkethman, CEO of Ardea Resources, discusses the evolving nickel market and why the Kalgoorlie Nickel-Cobalt Project is perfectly positioned for the next supply crunch.
Key insights
- Nickel classified as a Critical Mineral: Recognised in Australia, Japan, the US, and Canada
- Timing the market: Ardea’s production expected around 2029–2030, just as global supply flips into deficit
- Strong long-term fundamentals: Demand from stainless steel, EVs, and large-scale energy storage continues to rise
- ESG advantage: Ardea’s Western Australian standards align with key global partners — Japan, the US, Korea, and the UK
- Global relevance: Strategic offtake interest from allied nations focused on supply chain security and sustainability







