Brief: Nickel Industries Says Binding Framework Agreement Entered Into With Indonesian Partners

Nickel Industries

24/06/2026 03:17

June 24 (Reuters) - Nickel Industries Ltd NIC.AX:
BINDING FRAMEWORK AGREEMENT ENTERED INTO WITH INDONESIAN PARTNERS
TO MONETISE AN 18% STAKE IN SAMPALA PROJECT AS HPAL ACQUISITION CONSIDERATION
TO ACQUIRE A 36% INTEREST IN CNE FOR NO CASH CONSIDERATION
AGREEMENT WITH INDONESIAN PARTNERS FOR LONG-TERM STRATEGIC COOPERATION IN NICKEL ORE MINING AND HPAL PROCESSING
VALUES FOR EFFECTING TRANSACTION NEGOTIATED AND AGREED FOR MINE COMPANIES, US$1.342 BILLION
VALUES FOR EFFECTING TRANSACTION NEGOTIATED AND AGREED FOR CNE, US$671 MILLION
NICKEL INDUSTRIES WILL NOT BE REQUIRED TO CONTRIBUTE ANY CASH CONSIDERATION FOR INVESTMENT IN CNE
ENTERED INTO BINDING ACQUISITION AGREEMENTS WITH LOCAL PARTNER TO ACQUIRE 60% STAKE IN MINE COMPANIES
AGREEMENTS REMAIN IN FORCE FOR ACQUIRING 60% EQUITY INTEREST IN MINE COMPANIES

Further company coverage: NIC.AX

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