MinRes to retrofit WA nickel plant for lithium processing

Mining billionaire Chris Ellison will seek to profit from the collapse of the Australian nickel industry by retrofitting infrastructure in Western Australia to process lithium.

The Mr Ellison-led Mineral Resources will buy Poseidon Nickel’s concentrator plant and tenements at Lake Johnston in the Goldfields region of WA for $15 million and a royalty stream as part of its lithium strategy.