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The latest update is out from Nickel Mines Ltd. ( (AU:NIC) ).
Nickel Industries reported strong safety performance for the 12 months to 31 March 2026, recording a lost time injury frequency rate of 0.00 across 17.7 million safe man hours and a rolling total recordable injury frequency rate of 0.45. These metrics underscore robust safety systems across its controlled operations, although equity-accounted associates are excluded from the reporting.
Operations were affected by a fatal accident involving a contractor working on transmission lines for the slurry plant and dry stacked tailings infrastructure at the ENC project, with most activities on the Hengjaya Mine haul road resuming in April and transmission line work expected to restart shortly. The company also advanced sustainability initiatives, designating about 197 hectares of primary forest for conservation at Hengjaya and progressing construction beyond 50%, while expanding its university scholarship program with Hasanuddin University to support up to 30 local scholars by year-end.
The most recent analyst rating on (AU:NIC) stock is a Buy with a A$1.15 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 focused on nickel operations, including mining and processing assets in Indonesia. The company supplies nickel products into global stainless steel and battery-related markets, leveraging large-scale projects and partnerships in key nickel-producing regions.
Average Trading Volume: 13,210,617
Technical Sentiment Signal: Buy
Current Market Cap: A$4.32B
See more data about NIC stock on TipRanks’ Stock Analysis page.