ASX:NICMetals and Mining
Did Indonesian Approvals for Expanded Hengjaya Ore Sales and ITPS Just Shift Nickel Industries’ (ASX:NIC) Investment Narrative?
Nickel Industries recently secured Indonesian regulatory approval to lift its 2025 Hengjaya nickel ore sales quota to 10.5 million wet metric tons, alongside a five-year environmental permit enabling in-pit tailings storage and a limonite slurry pipeline.
These approvals not only unlock higher ore sales but also embed new operational and environmental infrastructure that could underpin longer-term production plans aimed at the electric-vehicle battery supply chain.
We’ll now examine how the...