Australia's Nickel Industries Says South Korea's Sphere to Buy 10% ...
6 Articles
6 Articles
Nickel Industries says S Korea's Sphere to buy 10% stake in Indonesian project
Jan 2 : Australia's Nickel Industries said on Friday that South Korea's Sphere Corp would buy a 10 per cent stake in the Excelsior Nickel Cobalt high-pressure acid leach (HPAL) project in Indonesia at a $2.4 billion valuation.The South Korean materials manufacturer will acquire the stake from Hong Kong
Lunch Wrap: ASX seesaws into 2026 as Nickel Industries jumps on SpaceX link
ASX seesaws in thin trading Northern Star Resources gets whacked Nickel Industries jumps as SpaceX supplier buys in The market opened on the back foot on the first trading day of 2026, but found its feet and edged 0.1% higher by about lunchtime in Sydney. Energy and healthcare stocks steadied the ship, making them two of the best performers this morning. A handful of mining stocks also rallied, helped by metals stabilising after a volatile pat…
Nickel Industries up 8% as SpaceX Supplier Buys Into US$2.4B ENC HPAL Project
Sphere Corp’s US$2.4B Valuation Deal Sends Nickel Industries Higher Today, Nickel Industries (ASX: NIC) surged 8% following an announcement that Sphere Corp will acquire a 10% interest in the ENC HPAL project, implying a project valuation of approximately US$2.4 billion. What stands out to us is the quality of the incoming partner. Sphere is a…
Nickel Industries partners with Sphere Corp in landmark ENC deal
The Nickel Industries Ltd (ASX: NIC) share price is in focus following the announcement of a strategic partnership with Sphere Corp, including a US$2.4 billion valuation for its ENC HPAL project and the first Western offtake agreement for ENC nickel cathode. What did Nickel Industries report? Announced a deal with South Korean-listed Sphere Corp, which will acquire a 10% stake in the ENC HPAL project at a US$2.4 billion valuation. Sphere Corp e…
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