Western Areas acquired the Cosmos Nickel Operations in October 2015 and commenced the redevelopment of the Odysseus mine in January 2019. Odysseus is a new long life development, establishing Western Areas’ third nickel mine in Western Australia.

Barminco’s CEO, Paul Muller, said: “We are excited to continue our relationship with the Western Areas team, which began in 2005 at Forrestania, and has now grown to include the Cosmos Nickel Operation. Odysseus is a significant project to bring on-stream, and the 5-year term demonstrates the trust and confidence Western Areas has in Barminco to continuously improve and deliver for them.”

Perenti Managing Director and CEO, Mark Norwell, added: “It is fantastic that Barminco and Western Areas have extended their 15-year relationship to at least 20 years. We are very appreciative of the opportunity and we look forward to delivering value and certainty for Western Areas at their new development.”