Brief: Nickel Industries To Invest $169 Million For 17.5% Interest In PT Teluk Metal Industry HPAL Project
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BRIEF-Nickel Industries To Invest $169 Million For 17.5% Interest In PT Teluk Metal Industry HPAL Project June 24 (Reuters) - Nickel Industries Ltd NIC.AX:
TO INVEST US$169 MILLION FOR A 17.5% INTEREST IN PT TELUK METAL INDUSTRY HPAL PROJECT
TMI NAMEPLATE CAPACITY OF APPROXIMATELY 38,640 NI TONNES IN MHP PER ANNUM
WILL RECEIVE CONSTRUCTION GUARANTEE CAPPING ACQUISITION COST AT US$169 MILLION, DELIVERY OF NAMEPLATE PRODUCTION BY SEPT 2027
Further company coverage: NIC.AX
((Reuters.Briefs@thomsonreuters.com;))
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