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Nickel Industries Continues Strong Ramp-Up at Oracle Nickel Project, Achieving Record Quarterly RKEF Production — ASX:NIC| ASX Mining News & Discussion
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$NIC Nickel Industries Continues Strong Ramp-Up at Oracle Nickel Project, Achieving Record Quarterly RKEF Production
Nickel Industries Limited (‘Nickel Industries’ or ‘the Company’) has achieved record Quarterly Rotary Kiln Electric Furnace (RKEF) production at 32,558 tonnes of nickel metal for the June quarter. The remarkable outcome represents a consistent growth trajectory since the commissioning of the Angel Nickel Project (‘ANI’) in Q1 2022 and marks the ongoing ramp-up of the Oracle Nickel Project (‘ONI’).

Nickel Industries Managing Director, David Hammond, lauded the achievement, stating, “Another record quarter of production highlights the ongoing and efficient ramp-up of the Oracle Nickel Project. We are confident that our investment in ONI provides us with the potential to deliver a large low-cost nickel-sulphate product.”

The Company's consistent growth trajectory is evident in the quarterly production of the ONI. For comparison, the Q2 2022 production was 16,757 tonnes, while that of Q1 this year was 22,222 tonnes. The ONI project is a fully integrated, low-cost producer of nickel sulphate products and has ...
Nickel Industries Continues Strong Ramp-Up at Oracle Nickel Project, Achieving Record Quarterly RKEF Production

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?