Nimy Resources (ASX:NIM) Signs MoU with Curtin University
Strategic Partnership
Nimy Resources has signed a non-binding Memorandum of Understanding (MoU) with Curtin University to collaborate on gallium research, development, and production. This partnership supports Nimy’s goal to become a key supplier in the global gallium market.
Gallium Market and Exploration
Gallium is recognised as a critical mineral by several major economies. Nimy’s recent drilling identified Australia’s highest-grade gallium intervals, with an exploration target of 9.6 Mt to 14.3 Mt at 39ppm to 78ppm Ga.
Alignment with Defence Priorities
The collaboration aligns with Nimy’s partnership with M2i Global to support a U.S. Department of Defence gallium procurement contract, enhancing supply chain security for gallium.
Executive Comments
Christian Price, Technical Director of Nimy Resources, stated: “This MoU with Curtin University marks a significant step forward in our strategy to establish Nimy as a key player in the gallium market. By combining our high-grade gallium discoveries with Curtin’s world-leading research capabilities, we are well-positioned to deliver a secure source of this critical mineral for high-tech and defence applications. We look forward to collaborating closely with Curtin and our U.S. partners to unlock the full potential of this initiative.”
Gary Hale, Director, National Resilience & Security Program Officer and the Chief Security Officer (CSO), added: “Curtin University is proud to partner with Nimy Resources to advance gallium research and development. The combination of Curtin’s excellence in minerals research and Nimy’s high-grade Exploration Target is strategically unique, creating a powerful opportunity to build sovereign capabilities and enhance critical minerals security for Australia and its allies. This collaboration aims to position Western Australia as a global leader, ensuring reliable access to gallium for next-generation technologies while strengthening supply chain resilience.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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