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Highlights
- Chalice Mining targets year-end for Gonneville PFS results
- Strategic status boosts critical minerals project significance
- Regulatory and site planning efforts progressing steadily
Chalice Mining (ASX:CHN) continues to gain momentum with its flagship Gonneville critical minerals project in Western Australia, reaffirming plans to complete its pre-feasibility study (PFS) by the end of 2025. Discovered in 2020, just 70 kilometres north of Perth, Gonneville has emerged as one of the most significant critical mineral discoveries in the country over the past decade. The project is well-regarded for its rich deposit of platinum group elements (PGE), nickel, copper, and cobalt—key inputs for a decarbonised future.
Gonneville’s mineral diversity places it high on the strategic radar, especially amid rising demand for battery and green technology inputs. Its location and scale have helped it attract global attention, reflected in a 2024 agreement between Chalice and Japanese industrial giant Mitsubishi to collaborate on the PFS. While Chalice began work on the study in mid-2023, the aim is to explore development pathways, validate project economics, and prepare for the next stages of feasibility and funding.
Site Development and Infrastructure Planning
Progress on the project includes the finalisation of a conceptual site plan that outlines the layout of an open-pit mine, processing facilities, and supporting infrastructure. All core components of the operation are expected to sit within Chalice's 22 square kilometre landholding, which primarily comprises cleared farmland. This internal placement is expected to streamline development and reduce land-use conflicts.
At the regulatory level, Chalice reported that environmental review documentation is progressing, with submission targeted for mid-2026. The company is also engaging with multiple stakeholders and regulators to advance the project’s approval pathway.
Government Endorsement Adds Momentum
In a significant show of support, both the Western Australian and federal governments designated Gonneville as a ‘strategic project’ and a ‘major project’ in 2024. These designations not only highlight Gonneville’s importance to national critical minerals supply chains but also underscore its potential to support Australia’s clean energy transition.
As Chalice continues discussions with potential partners for future offtake and financing, it anticipates making a final investment decision by late 2027. With its ambitious development plans and backing from key stakeholders, the project is well-aligned with the trajectory of Australia's expanding critical minerals sector.
Chalice Mining is also a part of the broader landscape of ASX200 index, positioning it as a noteworthy player within Australia's premier equity index.
