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Huge Nickel Industries raising following strong output quarter marred by deaths

FOLLOWING a strong production quarter marred by two contractor deaths at a new project build, Nickel Industries has unveiled fundraisings of nearly US$500 million to further grow its nickel business in Indonesia.

Michael Quinn
First production at Oracle, Indonesia

First production at Oracle, Indonesia

An initial total $471 million is being priced at A$1.02 and primarily involves institutions and the Chinese vendor of the high-pressure acid leach asset Nickel Industries is buying a stake in. An additional...

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