Nickel 28 Capital Corp (TSE:NKL) has released an update.
Nickel 28 Capital Corp. reports a strong quarter with its joint-venture interest in the Ramu Nickel-Cobalt operation, producing significant amounts of nickel and cobalt and achieving a share of operating profit of $2.2 million. Despite a challenging market with falling nickel and cobalt prices, the company maintained low production costs and exceeded production capacity. Under new management, Nickel 28 also focused on cost control, leading to an improved cost structure.
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