Weak and weakening metal price, strong Nickel Industries result

INVESTORS have been buying back into Nickel Industries in recent days after the ASX’s largest nickel company reported a strong September quarter earlier this week.

Weak and weakening metal price, strong Nickel Industries result Weak and weakening metal price, strong Nickel Industries result Weak and weakening metal price, strong Nickel Industries result Weak and weakening metal price, strong Nickel Industries result Weak and weakening metal price, strong Nickel Industries result

While production increased 4% to 34,000t at its operations in Indonesia, earnings surged 122% quarter on quarter to US$98 million (on an EBITDA basis), as margins improved throughout the period.

Most read Finance