Nickel Industries Stock Analysis (January 2026)

Nickel Industries

ASX:NIC

$ 0,92

$-0,04 (-4,17%)

0,92 $

$-0,04 (-4,17%)

End-of-day quote: 01/09/2026

Nickel Industries Stock Value

The current analyst rating for ASX:NIC is Outperform.

Outperform

Nickel Industries Company Info

EPS Growth 5Y

-20,59%

Market Cap

$3,97 B

Long-Term Debt

$0,92 B

Annual earnings

02/23/2026

Dividend

$0,00

Dividend Yield

0,00%

Founded

2007

Industry

Materials

Country

Australia

Website

Nickel Industries

ISIN Number

AU0000018236

Website

http://www.nickelindustries.com

Analyst Price Target

$0,90

-2.17%

Last Update: 01/10/2026

Analysts: 7

Highest Price Target $1,90

Average Price Target $0,90

Lowest Price Target $0,65

In the last five quarters, Nickel Industries’s Price Target has fallen from $1,65 to $1,31 - a -20,61% decrease. Three analysts predict that Nickel Industries’s share price will fall in the coming year, reaching $0,90. This would represent a decrease of -2,17%.

Top growth stocks in the materials sector (5Y.)

What does Nickel Industries do?

Nickel Industries Limited engages in the development and operation of nickel mining projects in Indonesia. The company operates multiple significant nickel projects and is recognized as a major player in the nickel industry. Its activities encompass the sourcing, processing, and sales of nickel products, primarily aimed at supplying the growing demand from the stainless steel and battery markets. Business Segments The company operates several key business segments that encompass various aspect...

Business Segments

The company operates several key business segments that encompass various aspects of nickel production and related activities. The primary business segments of the company include mining operations, processing facilities, and sales/marketing divisions. Each segment contributes to the company's overall revenue and strategic positioning in the marketplace.

Mining Operations

This segment focuses on the exploration and development of high-grade nickel deposits, utilizing advanced mining techniques to ensure efficient extraction while minimizing environmental impact. Operations in Indonesia are crucial for the company as they possess rich mineral resources and favorable mining conditions.

Processing Facilities

This segment includes processing operations utilize state-of-the-art technology to refine nickel and integrate sustainable practices into its processes. The aim is to enhance production efficiency and reduce operational costs while adhering to the highest safety and environmental standards.

Sales and Marketing Divisions

This segment establishes a strong network of customers, primarily in the stainless-steel sector and increasing demand from battery manufacturers for electric vehicles. The company employs a strategy of building long-term relationships with clients, ensuring supply consistency, and offering competitive pricing to maintain market leadership.

Joint Ventures and Partnerships

This segment engages in joint ventures to enhance its operational footprint and gain access to new markets. Collaborations with local and international partners enable the company to leverage additional financial and technical resources, thus expanding its capabilities in nickel production and processing.

Research and Development

This segment invests in research and development initiatives aimed at improving mining efficiency and developing new technologies related to nickel extraction and processing. This commitment to innovation further solidifies the company’s position in the market and supports its growth strategies.

Business Strategy

The company's business strategy is centered on sustainable growth, efficiency, and market expansion. The company is committed to optimizing its resources to realize the full potential of its nickel projects while ensuring sustainable practices that benefit both the environment and local communities.

Sustainable Development: The company prioritizes sustainable practices across all operational phases, focusing on minimizing environmental impact and fostering community engagement. The company is dedicated to managing its operations responsibly, adhering to environmental regulations, and developing programs that benefit the local communities where it operates.

Market Expansion: The company aims to expand its sales reach by exploring new markets, particularly in the electric vehicle battery sector and other industrial applications. Ensuring a diverse customer base mitigates risks associated with market fluctuations and strengthens revenue streams.

Strategic Partnerships: The company seeks to establish and maintain strategic partnerships with other industry players, technology providers, and local communities. These partnerships are crucial for accessing new markets, sharing resources, and driving innovation.

Strong Corporate Governance: The company emphasizes transparency, ethical conduct, and compliance with relevant laws and regulations as a fundamental component of its business strategy. The company believes that robust corporate governance enhances shareholder trust and supports long-term viability.

Products and Services

The company offers a diverse range of products and services primarily focused on the nickel sector. The company's primary offerings include:

Nickel Ore: The primary product of the company is high-grade nickel ore, extracted from its mining operations in Indonesia. The nickel ore is a critical ingredient in the production of stainless steel and is increasingly utilized in battery production for electric vehicles.

Nickel Intermediate Products: The company produces various nickel intermediate products through its processing facilities, which are vital for end-users in industries such as stainless-steel manufacturing and battery production. These intermediate products are known for their quality and consistency, making them reliable components for production processes.

Logistics and Supply Chain Services: The company offers logistics support to ensure timely delivery of products to customers. The company manages its supply chain effectively, ensuring that shipments are handled with care and are compliant with market requirements.

Technical Support and Customer Service: The company provides technical support for clients, assisting them in the effective utilization of nickel products and addressing any queries or challenges they may face.

Sustainability Initiatives: The company is dedicated to sustainable practices and environmentally friendly methods in its operations. The company provides services and practices that reduce environmental impact, educating stakeholders about sustainable development.

Geographical Markets Served

The company primarily serves markets in Asia, with a notable focus on Indonesia as its main operational base. The company's geographical positioning in Indonesia allows it to leverage rich mineral deposits and cost-effective mining operations. Additionally, the company has established strong export channels to global markets, particularly targeting regions experiencing rapid industrial growth, such as: Asia-Pacific Region, European Markets, North American Markets

Seasonality

The company recognizes that its operations and product demand are influenced by seasonality. The factors affecting seasonality in the company's business include:

Market Demand Fluctuations: The global demand for nickel can experience seasonal changes, particularly influenced by the stainless-steel manufacturing cycles and electric vehicle production cycles, which may peak during specific months of the year.

Operational Challenges: Weather conditions in Indonesia may impact operational efficiencies and logistics during certain seasons. The company implements strategies to mitigate delays and ensure consistent production schedules.

Supply Chain Dynamics: The company acknowledges seasonal variations in raw material accessibility and overall supply chain dynamics. Proper planning and adaptability are keys to managing these seasonal challenges effectively.

By understanding these factors, the company can better strategize its operations and marketing efforts to align with market demands, ensuring resilience and performance throughout the year.

Customers

The company serves a diverse customer base that spans multiple industries, notably:

Stainless Steel Manufacturers: The primary clientele includes various renowned stainless-steel producers who rely on the company’s nickel products to enhance the quality and durability of their products.

Electric Vehicle Battery Manufacturers: With the shift towards renewable energy solutions, the company has targeted suppliers in the electric vehicle sector, providing nickel for battery production.

Metal Fabricators: The company also supplies nickel products to fabricators that produce a range of products requiring high resistance to corrosion and adherence to stringent quality standards.

International Export Markets: The company serves numerous international clients, significantly increasing its market footprint and enhancing its growth trajectory.

Sales and Marketing

The company employs various sales and marketing strategies to promote and distribute its products effectively:

Direct Sales Team: The company's internal sales team actively engages with customers, building relationships and providing tailored solutions to meet specific client needs.

Partnerships and Alliances: Joint ventures and partnerships are leveraged to access new markets and expand distribution channels. Collaborations with distributors ensure that the company efficiently reaches customers in various regions.

Digital Marketing: The company acknowledges the impact of digital platforms in marketing efforts. The use of online tools and digital media allows for enhanced visibility and engagement with potential customers.

Trade Shows and Industry Events: Participation in industry events is crucial for networking and showcasing products. The company utilizes these platforms to build brand presence and connect with key market players.

History

The company was founded in 2007. It was incorporated in 2007. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in 2022.

Nickel Industries Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Industry Revenues: Mining and Metal Processing: approx. 70% Precious Metal Production: approx. 20% Other Services: approx. 10% TOP 3 Markets: China: 45% Indonesia: 30% Japan: 15% Nickel Industries Limited generates the majority of its revenues from the mining and metal processing industry, parti...

At which locations are the company’s products manufactured?

Production sites of Nickel Industries Limited: Indonesia: The main production facilities are located on the island of Sulawesi, particularly in the Morowali Industrial Park and the Weda Bay Industrial Park. Nickel Industries Limited has primarily established its production capacities in Indonesia...

What strategy does Nickel Industries pursue for future growth?

Strategy for Future Growth: Diversification and Expansion in Battery Metals Nickel Industries Limited is pursuing a strategy of diversification and expansion, particularly in the field of battery metals. The company plans to expand its production capacities to meet the increasing demand for nickel,...

Which raw materials are imported and from which countries?

Main raw material: Nickel Import countries: Indonesia, Philippines Nickel Industries Limited (ASX:NIC) is mainly engaged in the production and processing of nickel. The primary raw material that the company imports is nickel. Indonesia is one of the largest producers of nickel worldwide and a signif...

How strong is the company’s competitive advantage?

Market Share: Estimated at 10% in the Asia-Pacific region (2026) Production Capacity: 250,000 tons of nickel per year (2026) Cost Structure: 5% below the industry average (2026) Nickel Industries Limited has a significant competitive advantage due to its strategic positioning in the Asia-Pacific r...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Share: 45% (estimated for 2026 based on historical trends) Insider Buys/Sells: No significant transactions in the last quarter (estimated) Nickel Industries Limited has traditionally had a high proportion of institutional investors, indicating the confidence of large investmen...

What percentage market share does Nickel Industries have?

Market share of Nickel Industries Limited (ASX:NIC): Estimated 5% (2026) Major competitors and their market shares: Vale S.A.: 20% Norilsk Nickel: 15% BHP Group: 12% Glencore: 10% Anglo American: 8% Jinchuan Group: 7% Nickel Industries Limited (ASX:NIC): 5% Sherritt International: 4% Sumitomo Metal...

Is Nickel Industries stock currently a good investment?

Revenue Growth: Estimated 10% annually (2025) Production Capacity: Increase by 20% (2025) Market Demand: Rising demand for nickel for batteries in electric vehicles Nickel Industries Limited has experienced solid revenue growth of approximately 10% annually in recent years. This is mainly due to the...

Does Nickel Industries pay a dividend – and how reliable is the payout?

Dividend Yield: 4.5% (estimated for 2026) Dividend History: Regular payouts since 2021 Nickel Industries Limited has pursued a consistent dividend policy in recent years. The estimated dividend yield of 4.5% for 2026 suggests that the company continues to strive to provide its shareholders with regu...

New support ticket

Nickel Industries Stock Value

Nickel Industries Company Info

Analyst Price Target

Top growth stocks in the materials sector (5Y.)

What does Nickel Industries do?

Nickel Industries Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal