Nickel 28 posts FY27 Q2 net profit of US$2.8 million, or US$0.03 a share

Bitget2026/09/21 11:03

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Nickel 28 posted net and comprehensive profit of US$2.8 million, or US$0.03 a share, for the three months ended July 31, 2026.
Cash totaled US$9.2 million at quarter-end, while non-recourse construction debt stood at US$32.7 million.
Ramu joint venture delivered operating profit of US$5.3 million; production reached 8,234 tonnes of contained nickel and 811 tonnes of contained cobalt in MHP.
MHP sales totaled 8,967 tonnes of contained nickel and 881 tonnes of contained cobalt; management cited rising sulphur prices and strong payability levels.
Company expects second-half 2026 production and sales broadly in line with first half, while warning higher sulphur prices could reduce margins.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nickel 28 Capital Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609210700NEWSFILECNPR____20260921_315088_1) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nickel 28 posts FY27 Q2 net profit of US$2.8 million, or US$0.03 a share

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