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AAP
AAP
Business
Marion Rae

Japan's giants commit to Aussie nickel joint venture

nickel Japan Australia Marion Rae
Ardea Resources has sealed a deal with two Japanese industrial giants to supply battery minerals. (Marion Rae/AAP PHOTOS)

Nickel explorer Ardea Resources will accelerate a "globally significant" $3 billion nickel project in Western Australia despite a glut in the battery metal.

Ardea announced on Monday a co-operation agreement with Sumitomo Metal Mining and Mitsubishi Corporation to form a 50:50 joint venture to develop the project located in the Goldfields region of Western Australia.

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