Australia's Nickel Industries jumps as unit gets approval to boost 2025 ore sale
11/12/2025 23:53
** Shares of Nickel Industries NIC.AX advance as much as 3.31% to A$0.780, their highest point since October 14 ** The nickel producer says its Hengjaya project in Indonesia wins nod to lift 2025 nickel ore sales to 10.5 million wet metric tons from 9 million wet metric tons ** The approval enables a swift restart of stockpiled ore sales into a nickel processing hub via haul road and barging ** ** Stock has lost 6.4% YTD, including the day's moves (Reporting by Kumar Tanishk in Bengaluru) ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
Recent news on Nickel Industries
See all newsBrief: Nickel Industries Says Binding Framework Agreement Entered Into With Indonesian Partners
Brief: Nickel Industries To Invest $169 Million For 17.5% Interest In PT Teluk Metal Industry HPAL Project
Australia's Nickel Industries slips; Jefferies flags Indonesia regulatory risks
Jefferies flags Indonesia regulatory risk for Australia's Nickel Industries
Brief: Nickel Industries April-May 2026 Adjusted EBITDA From Operations About $80 Million