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Nickel Industries Commits US$169 Million to Expand Indonesia HPAL Capacity by 17.5%
9:13am on Wednesday 24th of June, 2026 AEST
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Mining
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Nickel Industries Commits US$169 Million to Expand Indonesia HPAL Capacity by 17.5%
9:13am on Wednesday 24th of June, 2026 AEST
Key Points
US$169 million investment for 17.5% stake in TMI HPAL project
Construction guarantee caps cost and ensures production by September 2027
TMI capacity of 38,640 nickel tonnes MHP annually, with 6,775 tonnes attributable to Nickel Industries
Exclusive ore supply from Nickel Industries’ Sampala Project
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