• GME Resources (GME) engages Ausenco to deliver the infrastructure studies and definitive feasibility study (DFS) for the NiWest nickel cobalt project in Western Australia
• As part of the DFS, Ausenco will review and optimise the project’s process flowsheet amongst other activities to incorporate in the DFS
• The NiWest DFS team is close to being finalised and will formally commence in November with a targeted completion date in late 2023
• Shares in GME end the day 1.27 per cent higher to close at eight cents

GME Resources (GME) has engaged engineering company Ausenco to deliver the infrastructure studies and definitive feasibility study (DFS) for the NiWest nickel cobalt project in Western Australia.

As part of the DFS, Ausenco will review and optimise the project’s process flowsheet and process engineering support in further detailed metallurgical testwork programs and complete the process and non-process infrastructure engineering design.

Commenting on the engineering partnership with Ausenco, GME Managing Director and CEO Paul Kopejtka said Ausenco is “one of the world’s most highly capable engineering firms”.

“Following the successful updated pre-feasibility study, we are now rounding out to capture the opportunities we believe exist to materially lower the NiWest capital costs and deliver a world-class battery-grade nickel and cobalt sulphate operation,” he said.

The pre-feasibility study confirmed the technical and financial merits of the development of a stand-alone processing facility to treat the NiWest deposits.

The NiWest DFS team is close to being finalised and will formally commence in November with a targeted completion date in late 2023.

Shares in GME ended the day 1.27 per cent higher to close at eight cents.