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Weak and weakening metal price, strong Nickel Industries result

Outlook not great for base metal on surging Indonesian supply

Michael Quinn
Weak and weakening metal price, strong Nickel Industries result

While production increased 4% to 34,000t at its operations in Indonesia, earnings surged 122% quarter on quarter to US$98 million (on an EBITDA basis), as margins improved throughout the period. Cash...

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