12
Jun
03:31
Nickel Industries plans $628 million share placement
Australian miner Nickel Industries plans to raise $628 million via a conditional 19.99% share placement to Indonesia-based PT Danusa Tambang Nusantara (DTN), a subsidiary of PT United Tractors Tbk (UT), Kallanish notes.
The conditional placement will comprise the issuance of 857 million new fully paid ordinary shares at AUD 1.10 per new share.
Nickel Industries and DTN have also executed a collaboration agreement covering a conditional 20% direct investment in t…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous