Latest Nickel Industries (ASX:NIC) News

Nickel Industries delivered its strongest quarterly earnings since late 2023, propelled by a 222% jump in ore sales and significant margin improvements across its nickel processing operations amid favourable regulatory changes and rising nickel prices.

Nickel Industries reported a reduced 2025 loss of US$41.2 million, bolstered by stable production, strategic debt refinancing, and progress on its flagship ENC HPAL project. Sustainability efforts and ore supply expansions set the stage for growth in 2026.

Micro-caps stole the spotlight, led by a boardroom reset at Killi and a blockbuster cancer update from Amplia. Energy explorers and a few big raisings moved the other way, as traders sold hard into fresh dilution and weak price action.

A boardroom shake-up and a fresh placement sparked the week’s biggest move, while critical minerals deals kept drawing buyers. Gold explorers also ran hard on drill hits, but several gapped stocks showed how fast early moves can fade.

Nickel Industries has secured a significant increase in its 2026 ore sales license and finalized a long-term supply agreement for its Excelsior Nickel Cobalt project, enhancing production certainty and sustainability.

Rare earths and gold dominated the tape, with one small-cap rare earth explorer ripping more than 70% on a single drilling headline. Gold producers, meanwhile, kept turning high bullion prices into dividends, buy-backs and bigger balance sheets.

Nickel Industries reported a reduced loss after tax of $41.2 million for 2025, underpinned by steady production and strategic progress on its ENC HPAL project and sustainability initiatives.

Deal headlines and big drill hits shared the stage with a brutal sell-off in a handful of tiny raisings. The week’s biggest winners were backed by clear news; the biggest losers showed what happens when buyers vanish after a halt.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

Nickel Industries has received a significant 60% increase in its 2026 nickel ore sales quota, positioning the company to capitalise on rising nickel prices and ramp up its next-generation processing projects.

Nickel Industries welcomes Sphere Corp as a strategic partner with a 10% stake in the Excelsior Nickel Cobalt project, while revising acquisition terms to reduce cash outflows and securing a 15-year exclusive ore supply deal.

Nickel Industries reported a 57% drop in quarterly EBITDA due to mining quota delays but showcased robust HPAL margins and advanced commissioning at its Excelsior project, supported by a strategic investment from Sphere Corp.