KNP's Major Project Status renewed by Federal Government

• The Kalgoorlie Nickel Project (KNP) and Goongarrie Hub have had their Major Project Status (MPS) renewed for 3 years
• MPS renewal recognises the national and strategic significance of the KNP to the Australian economy and Eastern Goldfields region
• MPS renewal ensures continued support in streamlining regulatory pathways, approvals coordination, and access to project-enabling funding

Ardea Resources Limited (Ardea) is pleased to announce that the Kalgoorlie Nickel Project (KNP) and its Goongarrie Hub have received notice that their Major Project Status (MPS) has been renewed for a further three-year term by the Australian Federal Government. The KNP first received MPS in March 2022, and the renewal today recognises the significance of the Project to the Australian economy and the Eastern Goldfields region. Managing Director and CEO Andrew Penkethman stated that the MPS renewal reaffirms the strategic and economic importance of the Kalgoorlie Nickel Project, and ensures continued support in streamlining regulatory pathways, enhancing approvals coordination, and maintaining access to project-enabling funding avenues. The KNP is described as a globally significant nickel-cobalt asset, located in one of the world's premier mining jurisdictions in Western Australia. With this MPS renewal, Ardea and Kalgoorlie Nickel Pty Ltd (KNPL) remain well-positioned to advance the development of an independent, sustainable nickel-cobalt supply chain that is a key Critical Minerals collaboration between Australia and Japan. Ardea looks forward to continuing its collaboration with stakeholders as it progresses the project toward construction and production.