Asset Report
Lake Johnston nickel project
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Operations at Lake Johnston were initially suspended in early 2009 due to plummeting nickel prices, then restarted by Norilsk in late 2011, only to close again in April 2013 due to low nickel prices. Poseidon Nickel Limited later acquired the asset and explored restart options. In 2022, Poseidon estimated a A$31 million cost to refurbish the Lake Johnston plant and infrastructure. The company initiated an exploration drilling programme in April 2023 to expand the mineral resource, planning to restart Lake Johnston after its Black Swan operation. However, plans changed in 2024 when Poseidon signed an agreement with Mineral Resources Limited to sell the Lake Johnston nickel plant, intending to convert it into a lithium processing hub. This deal was terminated in May 2024. Subsequently, Horizon Minerals Limited acquired Poseidon in February 2025.
Table of contents
- Emissions
- Mining
- Process
Tables and charts
This report includes the following images and tables:
- Lake Johnstone Emission Intensity Quartile ranking – total global production - tonnes nickel
- Detailed map
What's included
This report contains:
