Nico Resources said that the Environmental Protection Authority has granted an extension to the environmental approval for its Wingellina Nickel-Cobalt Project.

Located in the Musgrave Ranges of Western Australia, the Wingellina Project contains substantial reserves of nickel and cobalt.

The project boasts a mining reserve totalling 1.56 million tonnes of nickel and 123,000 tonnes of cobalt.

Nico Resources is also awaiting Federal Major Project Status, which would facilitate critical funding for the project's development and contribute to Australia's strategic goals in critical minerals processing.