Australia's Nickel Industries gains on strong quarterly ore sales, production

Nickel Industries

22/10/2026 04:29

** Shares of Nickel Industries NIC.AX rise as much as 4.4% to A$0.71, on track to clock its best session since September 21
** Nickel producer posts a 56% jump in quarterly ore sales to 4.4 million wmt and 49% rise in ore production to 6.1 million wmt
** Adds its Hengjaya Mine reported record ore sales and adjusted EBITDA, supported by a 104% increase in limonite sales and a 15% cut in unit operating costs
** Down 18% YTD
     

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))