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Nickel Industries pulls the $1 26bn trigger at ENC
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Nickel Industries completes Shanghai Decent deal
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Oracle power plant gets under way
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Shares in ASX-listed Nickel Industries were trading more than 13% higher on Friday after the company announces plans to raise A$943-million in a conditional share placement and a collaboration agreement over its Excelsior nickel cobalt (ENC) project.
Nickel Industries on Friday unveiled a conditional placement to PT United Tractors, through its subsidiary PT Danusa Tambang Nusantara (DTN), priced at A$1.10 a share, giving DTN a 19.99 interest in Nickel Industries.