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02 Aug
23:57

Nickel Industries' revenue drop in June quarter on lower contract prices

Australian miner Nickel Industries has recorded lower revenue from its rotary kiln electric furnace (RKEF) in the June quarter due to a fall in realised contract price, Kallanish learns. The company says that its combined sales for the Hengjaya Nickel, Ranger Nickel, Angel Nickel and Oracle Nickel projects dropped to $434.4 million, compared to $487.9m in the March quarter. Its RKEF quarterly earnings before interest, taxes, depreciation, and amortisation&n…
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