Nickel Industries (ASX:NIC) expects its March quarter earnings before interest, taxes, depreciation, and amortization from operations (EBITDA) to range from $85 million to $90 million, according to a Tuesday Australian bourse filing.
The EBITDA expectations represent a rise of about 20% from the prior corresponding period, the filing said.
Despite the recent heavy rainfall, the company's Hengjaya Mine haul road in Indonesia delivered 2.6 million wet metric tonnes (wmt) quarter to date, compared with 1.2 million wmt a year earlier.
The company's shares rose past 1% in recent Tuesday trade.
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