Nickel Industries Limited (ASX: NIC) Share Price and News

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as at 24 Feb 3:44pm

  • Nickel Industries Limited (ASX: NIC)
    Latest News

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    Buy this ASX 200 share for an 80% gain and 6% dividend yield

    Bell Potter thinks this share is extremely undervalued.

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    The ASX 200 staged a remarkable recovery this afternoon.

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    Frequently Asked Questions

    Yes, Nickel Industries has paid two unfranked dividends a year in recent times.

    Nickel Industries generally pays its shareholder dividends in February and September.

    Nickel Industries Ltd listed on the ASX on 20 August 2018.

    NIC ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Nickel Industries Limited

    Nickel Industries Ltd (ASX: NIC) is a producer of nickel pig iron, a key ingredient in stainless steel. It is also engaged in exploring, mining, acquiring, and developing nickel projects globally.

    The company holds an 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace production plants in Sulawesi, Indonesia. Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine in Sulawesi.

    It also has an 80% interest in the Angel Nickel operation near Jakarta, Indonesia and a 70% interest in the Oracle Nickel development project, also in Sulawesi.

    In 2022, the company changed its name to Nickel Industries Ltd from Nickel Mines Ltd to reflect its transition from exploration and mining operations to nickel production. 

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