Latest Nickel Production News

Nickel Industries reported a robust US$80 million Adjusted EBITDA for April-May 2026, driven by a strong May rebound and significant working capital releases. The company also progressed commissioning of its Excelsior Nickel Cobalt HPAL project, targeting nickel cathode production by mid-August.

Pacific Nickel Mines is pressing ahead with the sale of its Kolosori Nickel Project for a nominal A$1 while remaining suspended from the ASX, supported by ongoing Glencore financing and subject to key approvals.

Dynamic Metals has confirmed gold mineralisation at around 300 metres depth at its Cognac West prospect, signalling potential for a vertically extensive system beneath previously shallow targets.

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.

IGO Limited posted a robust quarter driven by Nova’s nickel output and cash flow, while Greenbushes’ lithium production stalled amid safety and operational challenges, prompting a downgrade in full-year guidance.

Lunnon Metals has reported strong operational progress at its Lady Herial open pit gold mine, generating positive free cash flow in March 2026 and maintaining schedule to complete mining by August. Higher-than-expected gold prices have offset rising diesel costs, underpinning the project's economic outlook.

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.

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.

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.

Alliance Nickel reported a $769,000 placement and a $422,000 R&D tax refund while progressing its NiWest Nickel-Cobalt Project, despite renegotiating its Stellantis offtake agreement due to market shifts.

Nickel Industries has secured a strategic partner in Sphere Corp., which will acquire a 10% interest in the ENC HPAL project and enter into a nickel offtake agreement, marking a significant step into Western aerospace markets.