Brief: Nickel Industries Says Sphere Corp. To Buy 10% Stake In ENC HPAL Project At $2.4 Bln Valuation
01/01/2026 21:42
Jan 2 (Reuters) - Nickel Industries Ltd NIC.AX: SPHERE CORP. TO ACQUIRE A 10% INTEREST IN ENC HPAL PROJECT AT A US$2.4 BILLION VALUATION SPHERE WILL OFFTAKE ITS 10% SHARE OF NICKEL AS CATHODE, ENTERED INTO OFFTAKE AGREEMENT, AT MARKET PRICE NIC'S SHAREHOLDING IN ENC UNCHANGED POST TRANSACTION Further company coverage: NIC.AX ((Reuters.Briefs@thomsonreuters.com;))