Nico Resources (ASX: NC1) continues to advance its flagship Wingellina Nickel-Cobalt Project, a key asset in the Central Musgrave region of Western Australia, as the company positions itself to supply critical battery metals for the growing electric vehicle (EV) market. Recent feasibility studies have reinforced the project’s large-scale nickel laterite deposit, with a focus on High-Pressure Acid Leach (HPAL) processing suitability. Nico Resources is also evaluating potential offtake agreements and financing options to support project development, as global demand for sustainable and ethically sourced nickel and cobalt continues to increase.
