[SMM Nickel Flash] Stillwater More Than Triples Resource at Montana Critical Minerals Project
Stillwater Critical Minerals has reported a major resource expansion at its Stillwater West nickel-copper-PGM project in Montana, establishing an initial indicated resource of 29.4 million tonnes grading 0.18% nickel, 0.09% copper and 0.02% cobalt, containing 119 million lb of nickel, 59 million lb of copper and 11 million lb of cobalt. The updated inferred resource has expanded to 805.1 million tonnes, containing around 3 billion lb of nickel, 1.5 billion lb of copper and 283 million lb of cobalt, with nickel nearly tripling and copper and cobalt more than tripling compared with the 2023 estimate; it also contains 2.8 million oz of platinum and 3.9 million oz of palladium.