Nickel Industries Limited (NIC.AX)
Nickel Industries Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.83, down 1.19% on the session, giving a market capitalisation of $3.60B. Its beta of 1.18 implies it has historically moved more than the broad market.
Nickel Industries Limited, headquartered in Sydney, Australia, operates in Singapore and Indonesia, focusing on nickel ore extraction and nickel pig iron production. The company possesses an 80% ownership stake in the extensive 5,983-hectare Hengjaya Mine, located within Central Sulawesi's Morowali Regency. Its portfolio also includes an 80% interest in the Ranger Nickel project and a 70% share in the Angel Nickel project. Additionally, Nickel Industries holds an option to acquire a 70% interest in the Oracle Nickel project. Founded in 2007, the company was formerly known as Nickel Mines Limited until its name was officially changed in June 2022.
Nickel Industries Limited is most often compared with the following Basic Materials names: