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How Did Nickel Industries Bounce Back After a $45m Regulatory Setback?
9:52am on Monday 19th of January, 2026 AEDT
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Mining
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How Did Nickel Industries Bounce Back After a $45m Regulatory Setback?
9:52am on Monday 19th of January, 2026 AEDT
Key Points
December quarter Adjusted EBITDA from operations estimated at US$35m–US$40m
Delayed 2025 RKAB approval cut Hengjaya Mine ore sales by two-thirds
Foregone ore sales valued at approximately US$45m plus US$18m in contractor standby costs
Hengjaya Mine resumed operations mid-December and sold 735,000 wmt of nickel ore by mid-January
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