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Nickel Mines Ltd. ( (AU:NIC) ) has shared an announcement.
Nickel Industries reported that its adjusted EBITDA from operations for the December 2025 quarter is expected to be between US$35 million and US$40 million, after a delay in securing an increased 2025 mining work plan and budget (RKAB) sharply curtailed ore sales from the Hengjaya Mine. The late approval, received only on 11 December, reduced quarterly ore sales to 945,631 wmt from over 3 million wmt in the prior quarter, with the company estimating about US$45 million in lost ore sales and an additional US$18 million in standby contractor costs, though operations resumed on 12 December and the mine has started 2026 strongly, selling about 735,000 wmt of nickel ore by 17 January and benefiting from record quarterly adjusted EBITDA of US$129 million at its HNC HPAL project on a 100% basis.
The most recent analyst rating on (AU:NIC) stock is a Hold with a A$0.97 price target. To see the full list of analyst forecasts on Nickel Mines Ltd. stock, see the AU:NIC Stock Forecast page.
More about Nickel Mines Ltd.
Nickel Industries Limited is an ASX-listed producer of nickel products with a portfolio of mining and low-cost downstream processing assets in Indonesia. The company holds controlling interests in the Hengjaya nickel mine and four rotary kiln electric furnace projects that produce nickel pig iron for the stainless-steel sector. It is increasingly pivoting toward the electric vehicle battery supply chain through its stake in the Huayue Nickel Cobalt HPAL project, which produces mixed hydroxide precipitate, and the commissioning of the Excelsior Nickel Cobalt HPAL project, designed to produce MHP, nickel sulphate and nickel cathode while lowering its carbon emissions profile.
Average Trading Volume: 10,408,612
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.95B
See more insights into NIC stock on TipRanks’ Stock Analysis page.