Australia's Nickel Industries hits 3-week low on Dec-qtr earnings drop
30/01/2025 05:15
** Shares of Nickel Industries NIC.AX fall 2.2% to A$0.7825,
their lowest level since Jan. 9
** The nickel pig iron (NPI) producer reports EBITDA from
operations of $72.4 mln in Dec qtr, down from $108.4 mln in the
Sept. quarter
** EBITDA fell as the co recorded lower output by 6.9%
compared to the previous quarter from its Indonesia-based
projects
** Stock down 5.2% YTD
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((mailto:Jasmeenaraislam.shaikh@thomsonreuters.com))
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