A small Australia company, Axiom Mining, has restarted prospecting in Solomon Islands only days after winning a High Court battle against Japanese mining giant Sumitomo.
The pair were in court over the, lease and prospecting license, for a nickel laterite deposit in the country's Isabel province which is said to be the largest of its kind in the Pacific.
Axiom CEO, Ryan Mount, says the company is aiming to start direct ore shipping within the next 12 to 18 months.
" What it requires is proving out the potential resource of Nickel and Cobalt. It has started, it started over the weekend as well as this week. We are working on some baseline studies, we are establishing camps and we are about to start moving some machinery over there this week."
Axiom CEO, Ryan Mount