2,641 hectares of IUP production permit in the East Sulawesi Ophiolite Belt. Operational. Revenue-generating. 65+ smelters within 170km.
"We are now North America's only revenue generating operator in Indonesia's world-leading nickel district"
Located in Central Sulawesi, within the East Sulawesi Ophiolite Belt — one of the world's most prolific lateritic nickel provinces with established infrastructure and processing capacity.
Mineralization formed through tropical weathering of ultramafic rocks including harzburgite, lherzolite, and serpentinite. Garnierite observed on-site aligns with regional systems.
10-hectare pilot operation within a 2,641-hectare permit valid through July 11, 2031. Company holds ROFR over approximately 700 pre-approved hectares for production expansion.
Standard open-pit methods used for laterite deposits involving excavation, stockpiling, blending to desired nickel concentration, and transport to jetty.
Material transported approximately 10 km by road to a nearby jetty for shipment, supporting efficient, low-cost logistics to smelter buyers.
Located within approximately 170 km of the Indonesia Morowali Industrial Park, which includes 14 operating nickel smelters and 50+ tenant companies supporting integrated nickel processing.
The Nickel Island Project sits within the East Sulawesi Ophiolite Belt, one of the most productive lateritic nickel-bearing formations on earth. The permit area of 2,641 hectares holds serpentinized ultramafic bedrock with garnierite observed across portions of the permit.
Our pilot operating area of 10 hectares is currently active, with approximately 700 hectares of pre-approved production rights and right of first refusal on an additional ~700 hectares. The IUP production operation permit runs through July 11, 2031.
Our production area lies within the East Sulawesi Ophiolite Belt, home to PT Vale, one of the world's largest nickel producers.
The Nickel Island Project is governed by an Indonesian IUP (Izin Usaha Pertambangan) Production Operation Permit, one of the most important regulatory instruments for nickel mining in Indonesia.
The permit authorizes conventional open-pit extraction of lateritic nickel ore, including saprolite and limonite material. Revenue is generated through direct-to-smelter sales priced on the HPM (Harga Patokan Mineral) government benchmark, with smelter premiums above HPM common due to intense feedstock competition.
The Nickel Island Project is located in Central Sulawesi, Indonesia, within the East Sulawesi Ophiolite Belt, a prolific nickel-bearing geological province that hosts long-established lateritic nickel operations and extensive ultramafic rock sequences favorable for lateritic nickel formation.
Nickel mineralization is derived from serpentinized ultramafic bedrock including harzburgite and dunite, which acts as the source rock for lateritic nickel systems. Tropical weathering has produced lateritic profiles containing nickel-bearing minerals. Garnierite has been observed across portions of the permit area, consistent with regional lateritic nickel systems.
The Company operates on its pilot 10-hectare parcel within a 2,641-hectare mining permit area and currently holds contractual rights to up to 700 hectares approved for phased production, providing a scalable pathway for ongoing and expanded mining operations.
"We have access to up to 700 ha of lateritic nickel rich land that has been approved by the Ministry of Energy & Resources for production."
Proximity to Indonesia's concentrated smelter infrastructure dramatically reduces logistics costs and maximizes buyer competition for ore.
Adjacent export jetty just 10 kilometers from the mine. Ore is hauled via road, stockpiled, blended, and loaded for direct smelter shipment. Short haul distance keeps logistics cost competitive.
The Indonesia Morowali Industrial Park (IMIP) alone hosts 14+ operating RKEF nickel smelters and 50+ industrial operators. Total active smelters within 170km radius exceeds 65, creating intense buyer competition for ore.
Located within one of the highest-grade lateritic nickel belts globally. Serpentinized ultramafic bedrock (harzburgite and dunite) provides the geological foundation for consistent nickel laterite formation.
Ore is sold directly to smelters at HPM benchmark pricing, often with premiums above HPM due to feedstock competition. No trader middlemen. Transparent, government-benchmarked pricing structure.
A capital-efficient open-pit extraction and direct-to-smelter delivery model optimized for Indonesia's nickel district.
Conventional open-pit extraction of lateritic nickel ore from the permit area. Overburden removal, ore identification, and selective mining of saprolite and limonite zones.
Excavated ore is deposited into dome storage areas on site, sorted by grade, and stockpiled. Dome storage protects ore quality from moisture and allows precise blending operations.
Blended ore is loaded onto trucks for the approximately 10km haul to the adjacent export jetty. Short-distance haulage is a key cost advantage vs. remote operations.
Ore is shipped from the jetty to purchasing smelters at HPM benchmark pricing. Sales are direct, with no trader intermediary, and smelter premiums above HPM are common given feedstock competition.
For detailed geological reports, production data, or investor presentations, contact our team directly.
