Nickel 28 Reports Stable Costs Amidst Commodity Price Dip

Nickel 28 Capital Corp (TSE:NKL) has released an update.

Nickel 28 Capital Corp. has reported a slight decline in production and sales of nickel and cobalt in Q2 2024 from its Ramu operation compared to the previous year, amidst lower market prices for these commodities. Despite the downturn, the company has managed to maintain costs within its guidance range and asserts Ramu’s position as one of the lowest cost producers, generating significant free cash flow.

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