Australia's Nickel Industries rises after Indonesian refinery produces first nickel cathode
BUZZ-Australia's Nickel Industries rises after Indonesian refinery produces first nickel cathode ** Shares of Nickel Industries NIC.AX climb as much as 3% to A$0.860 by midday Sydney trading, highest level since July 24
** Nickel producer says its key refinery project in Indonesia has produced its first nickel cathode
** Refinery is now converting its own mixed hydroxide precipitate, a nickel product, into nickel cathode, company says
** Day's gains push the stock into positive territory for the year, with stock last up 2.7% YTD
(Reporting by Subhalakshmi Dey in Bengaluru)
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