Kalgoorlie Nickel secures $701m in backing for WA Goongarrie project

Kalgoorlie Nickel, a joint venture project under Ardea Resources, has secured potential financial backing totalling approximately A$1bn ($701.3m) for the Goongarrie Hub Project in Western Australia (WA). Both Export Finance Australia (EFA) and the Export-Import Bank of the US (EXIM) have expressed interest in supporting the project's development through non-binding and conditional letters. The EFA's letter of support suggests potential funding of A$500m, while EXIM's letter of interest indicates possibl ...