Brief: Nickel Industries Moves To 13.75% Stake In ENC HPAL Project
Dec 29 (Reuters) - Nickel Industries Ltd NIC.AX :
* MOVE TO 13.75% EQUITY INTEREST IN ENC HPAL PROJECT
* COMPLETED ACQUISITION OF ADDITIONAL 8.25% INTEREST IN
EXCELSIOR
NICKEL PROJECT VIA CASH PAYMENT OF US$189.8M
* ADDITIONAL 8.25% INTEREST WAS SECURED THROUGH CASH PAYMENT
OF
US$189.8M TO ACQUIRE SHARES IN EXCELSIOR INTERNATIONAL
INVESTMENTS
Source text for Eikon: ID:nASXb3WsYw
Further company coverage: NIC.AX
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