Record underlying earnings and profit for Nickel Mines

NICKEL Mines’ two nickel projects in Indonesia yielded 11,401 tonnes of nickel metal in the December quarter, generating record underlying earnings of US$71.6 million and a record underlying net profit of $67.8 million.

Record underlying earnings and profit for Nickel Mines Record underlying earnings and profit for Nickel Mines Record underlying earnings and profit for Nickel Mines Record underlying earnings and profit for Nickel Mines Record underlying earnings and profit for Nickel Mines

Record quarter by Nickel Mines in the December period

China-backed Nickel Mines, which owns 80% of the two projects, had cash, receivables and inventory at the quarter's end of $518 million, including cash of $351.4 million.