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19 Jan
01:52

Nickel Industries achieves record metal production

Australian miner Nickel Industries saw nickel metal production levels increase 13.8% from the September quarter to a record level of 23,072 tonnes in the December quarter, Kallanish notes. The production included 4,743 tonnes of high-grade nickel matte from the Hengjaya Nickel Project (HNI). Nickel Industries earnings before interest, taxes, depreciation, and amortization (EBITDA) margins also improved significantly from $2,261/tonne in the September quarte…
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