Nickel Industries Updates Mineral Resources at Indonesia Mine

MT Newswires Live

Feb 19

Nickel Industries (ASX:NIC) said that as at October 2025, the total mineral resource estimate at its Hengjaya Mine stands at 285 million dry metric tonnes of minerals at 1.17% nickel, 0.09% cobalt, and 31.66% iron, for 3.3 million tonnes of nickel and 241,000 tonnes of cobalt, according to a Thursday filing with the Australian bourse.

In September 2022, the company recorded 300 million dry metric tonnes of minerals at 1.22% nickel and 0.09% cobalt for 3.7 million tonnes of nickel and 270,000 tonnes of cobalt, an earlier filing showed.

Shares of the company rose 1% in recent Thursday trade.

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