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16/04/2025 - 13:11

Sumitomo stumps up $4.6M to become substantial Ardea shareholder

16/04/2025 - 13:11

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Ardea Resources has secured a pivotal $4.6 million strategic placement from Japanese joint venture partner Sumitomo Metal Mining to progress the company’s mammoth Kalgoorlie Nickel project in Western Australia. The cash injection will primarily fuel working capital, ensuring Ardea’s expert team continues to drive the ongoing $98.5M definitive feasibility study, which Sumitomo will pay for.

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