Nickel Industries Secures Major 2026 Quota Increase, Boosting Production and Margin Outlook
Nickel Industries Limited (ASX: NIC) has received approval for a 2026 RKAB nickel ore sales quota of 14.3 million wet metric tonnes for its Hengjaya Mine, marking an increase of nearly 60% from the previous 9.0 million wmt allocation. The uplift stands out relative to many industry participants, reflecting the mine’s strong ESG credentials amid tighter Indonesian government supply management policies across key commodities.
Of the approved quota, up to 6.0 million wmt of saprolite ore will supply the company’s RKEF operations, while 8.3 million wmt of limonite ore is allocated to support commissioning and ramp-up of the ENC HPAL project. Recent industry-wide quota reductions have driven a sharp rise in nickel prices, contributing to approximately US$50 million in January Adjusted EBITDA and significant margin expansion in both NPI and HPAL operations. The company intends to apply for further quota increases later in 2026, strengthening its leverage to sustained nickel price momentum.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
Nickel Industries Secures Major 2026 Quota Increase, Boosting Production and Margin Outlook
Nickel Industries Limited (ASX: NIC) has received approval for a 2026 RKAB nickel ore sales quota of 14.3 million wet metric tonnes for its Hengjaya Mine, marking an increase of nearly 60% from the previous 9.0 million wmt allocation. The uplift stands out relative to many industry participants, reflecting the mine’s strong ESG credentials amid tighter Indonesian government supply management policies across key commodities.
Of the approved quota, up to 6.0 million wmt of saprolite ore will supply the company’s RKEF operations, while 8.3 million wmt of limonite ore is allocated to support commissioning and ramp-up of the ENC HPAL project. Recent industry-wide quota reductions have driven a sharp rise in nickel prices, contributing to approximately US$50 million in January Adjusted EBITDA and significant margin expansion in both NPI and HPAL operations. The company intends to apply for further quota increases later in 2026, strengthening its leverage to sustained nickel price momentum.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au