07
Nov
01:19
Nickel Industries margin falls despite record production
Australian miner Nickel Industries has seen its margins fall on lower realised nickel prices, despite record production in the September quarter, Kallanish notes.
During the September quarter, the company's rotary kiln electric furnace (RKEF) operations produced a record 20,275 tonnes of nickel metal, at a production-weighted average cost of $13,597/tonne. Nickel production rose 30.2% from 15,567t in the June quarter.
This record production inc…
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