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Nickel Mines Ltd. ( (AU:NIC) ) has issued an update.
Nickel Industries reported strong safety performance for the year to 31 December 2025, achieving a lost time injury frequency rate of zero across 17.7 million safe man hours and maintaining a low total recordable injury frequency rate, underlining its robust safety culture and operational discipline. The company further strengthened its sustainability credentials by winning CNBC Indonesia’s Excellence in Sustainability Leadership award and securing financial close on a major 262MWp solar and 80MWh battery storage project at the Indonesian Morowali Industrial Park, which will supply renewable power to its ENC HPAL plant under a 25-year fixed-tariff agreement, positioning the operation to deliver some of the lowest-carbon nickel units globally and enhancing its ESG appeal to stakeholders.
The most recent analyst rating on (AU:NIC) stock is a Buy with a A$1.90 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 (ASX:NIC) operates in the nickel mining and processing industry, with a focus on producing nickel units, including through high-pressure acid leach (HPAL) operations, and has a significant operational footprint in Indonesia’s industrial parks.
Average Trading Volume: 11,251,874
Technical Sentiment Signal: Buy
Current Market Cap: A$4.06B
See more data about NIC stock on TipRanks’ Stock Analysis page.