Nimy Resources Limited (ASX: NIM) advises it has received a research and development (R & D) tax incentive refund of $1.38 million under the Australian Federal Government’s R & D Tax Incentive Scheme.
The R & D tax incentive refund is related to eligible R & D activity expenditures incurred at the Company’s Mons Project during the 2024/2025 financial year.
About Nimy Resources
Nimy Resources is an emerging exploration company, with the vision to discover and develop critical metals in Western Australia, a Tier 1 jurisdiction. Nimy has prioritised the development of the Masson Discovery and Block 3 Gallium Discovery within the Mons Project.
Nimy recently announced a high-grade gallium Inferred Resource (refer ASX announcement dated 13 November 2025) of 7.23mt at 102g/t Ga2O3 and 538ppm Total Rare Earth Oxides (TREOs) with 740t of contained Gallium Trioxide and 3,890t of contained TREOs.
The Mons Project is a district scale land holding over an area of ~3,004km² covering a newly discovered greenstone belt including 80km north/south strike of mafic and ultramafic sequences over an area previously mapped as entirely granite terrain.
This announcement has been approved for release by the Board of Nimy Resources.