Lake Johnston restart feasible

POSEIDON Nickel’s Lake Johnston project in Western Australia could be feasibly restarted to produce 8000 tonnes of nickel in concentrate per year, a bankable feasibility study into the project has confirmed.

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The Lake Johnston project could be feasibly restarted to produce 8000t of nickel concentrate a year, a BFS has found.

The BFS found the project, which Poseidon acquired from Russian miner Norilsk Nickel in November last year, was economic despite recent depressed nickel prices due to its low capital requirements and