Australia's Nickel Industries gains after Indonesia mine secures higher sales quota

Nickel Industries

18/02/2026 24:47

** Shares of Nickel Industries NIC.AX rise as much as 7.3% to A$1.03, their biggest intraday pct gain since Jan. 7
** Co says it secured a 60% gain in 2026 nickel ore sales quota for Hengjaya Mine in Indonesia
** Says quota compares favourably with peers, many of whom received less than 30% of requested quotas
** YTD, shares up 21.6%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))