CAPITAL MARKETS

Tectonic posts record profit

NICKEL miner Tectonic Resources has recorded a record quarterly net profit before tax of $3.32 million on revenue of $8.3 million.

Brad Ricks

Tectonic's RAV 8 project in Western Australia produced 19,683t of ore grading 4.13% nickel last quarter, with deliveries to off-take partner WMC Resources totalling 21,828t at 4.15% nickel for a contained...

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