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Metals X gets serious with cobalt

Australia-based metals specialist Metals X (AU:MLX) is moving toward direct price exposure to the surging cobalt market with an expanded resource at its Wingellina nickel-cobalt property in far eastern Western Australia and plans for a lower-cost start-up operation than previously envisaged.

Metals X gets serious with cobalt Metals X gets serious with cobalt Metals X gets serious with cobalt Metals X gets serious with cobalt Metals X gets serious with cobalt

Render of potential pit design and plant at Wingellina in Western Australia

The resource upgrade at Wingellina this week came in at 1.9 million tonnes of nickel and 154,000t of cobalt. Crucially, that includes a high-grade cobalt zone consisting of 29.7Mt grading 0.

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