Nickel Industries Reports Record Adjusted EBITDA and Significant Production Growth in Q3
Nickel Industries Limited (NICMF) reported strong third-quarter results, highlighted by a 49% increase in nickel ore production, which reached 6,143,444 wmt. This growth follows the company's first full quarter of operation at increased capacity. The company achieved record financial performance, with Adjusted EBITDA rising 68% to US$76.9 million. Efficiency also improved, as evidenced by an 8% increase in Adjusted EBITDA per wet metric tonne (wmt) to US$17.1/wmt. These results mark the second consecutive quarter of record-breaking EBITDA for the company.
