
Nickel Industries Limited is an ASX-listed company which owns a portfolio of mining and low-cost downstream nickel processing assets in Indonesia.
The Company has a long history in Indonesia, with controlling interests in the world-class Hengjaya Mine, as well as four rotary kiln electric furnace (RKEF) projects which produce nickel pig iron (NPI) for the stainless-steel industry and nickel matte for the electric vehicle (EV) supply chain.
Having established itself as a globally significant producer of NPI, the Company is now rapidly transitioning its production to focus on the EV battery supply chain. The Company has acquired a 10% interest in the Huayue Nickel Cobalt (HNC) HPAL project, adding mixed hydroxide precipitate (MHP) to its product portfolio. Additionally the Company holds a 44% interest in the Excelsior Nickel Cobalt (ENC) HPAL project, currently under construction. ENC will produce MHP, nickel cathode and nickel sulphate.