Steady Independence quarter

INDEPENDENCE Group has reported a strong quarter from Tropicana, a strong month from Nova, and the possibility of future nickel-cobalt sulphate production.

Steady Independence quarter Steady Independence quarter Steady Independence quarter Steady Independence quarter Steady Independence quarter

The latter is currently being scoped and will potentially be the subject of a prefeasibility later this year.

IGO managing director Peter Bradford said increasing the payability of the company’s output was behind the potential new venture, with fellow nickel producers BHP and Western Areas also interested in delivering inputs to the burgeoning EV/lithium-ion battery space.

Meanwhile the Nova processing operation had a good month in December as sufficient ore supply allowed “stress-testing” of the plant.

The company is wanting to find out how hard it can push the plant beyond nameplate, and expects to have a better handle on the situation in upcoming quarters.

At the Tropi...