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Record underlying earnings and profit for Nickel Mines

NICKEL Mines’ two nickel projects in Indonesia yielded 11,401 tonnes of nickel metal in the December quarter, generating record underlying earnings of US$71.6 million and a record underlying net profit of $67.8 million.

Michael Quinn
Record quarter by Nickel Mines in the December period

Record quarter by Nickel Mines in the December period

China-backed Nickel Mines, which owns 80% of the two projects, had cash, receivables and inventory at the quarter's end of $518 million, including cash of $351.4 million. The ASX-listed nickel producer...

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