MPS approval for Kalgoorlie Nickel Project

Kalgoorlie Nickel Project

Ardea Resources has received Major Project Status (MPS) for its $1.165 billion Kalgoorlie Nickel Project (KNP) which incorporates a new mine and processing plant in Western Australia.

The project will see cobalt-nickel ore processed into mixed hydroxide precipitate, for use as a raw material in the growing international battery market.

Projects awarded MPS have access to extra support from the Major Projects Facilitation Agency, including having a single-entry point for Australian Government approvals, project support and coordination.

Ardea managing director Andrew Penkethman said the Federal Government’s recognition of the project will advance the Kalgoorlie Nickel Project towards development through streamlined approvals and access to additional sources of potential funding.

“Globally significant nickel-cobalt projects like the KNP, combined with a benign environmental setting are a rarity,” Penkethman said.

“With the award of Major Project Status, Ardea is well placed to provide a significant sustainable and ethical supply chain for the lithium-ion battery sector, from the best resources operating jurisdiction in the world, being Western Australia.

“Ardea look forward to continuing to work with all stake holders as the company continues to advance the KNP.”

Prime Minister Scott Morrison said declaring MPS had major economic benefits for all.

“With 1500 jobs each year for the three-year construction and 500 jobs a year for the 25-year operation, this project is a major project and will get every support possible from my Government,” he said.

Minister for Resources and Water Keith Pitt said granting MPS for the Kalgoorlie Nickel Project was another step forward in Australia’s major role in the global critical minerals market, which is expected to grow exponentially over the coming decades.

“This project directly contributes to our Critical Minerals Strategy by increasing the supply of highly sought-after materials for the lithium-ion battery supply chain and has the potential to boost Australia’s sovereign capability,” Pitt said.

Federal Member for O’Connor Rick Wilson said he welcomed significant projects like the Kalgoorlie Nickel Project which bring jobs and investment to the Goldfields region.

“Providing support to this project will help boost Australia’s position in the global critical minerals processing industry and add to regional WA’s reputation as a major contributor to the nation’s booming resource sector,” Wilson said.

The Kalgoorlie Nickel Project commitment follows a $119.6 million investment by the Federal Government to build an integrated nickel manganese cobalt battery material refinery hub in the Kalgoorlie region – the first facility of its kind anywhere in Australia.

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