S&P GSCI Nickel Index

Index

Market Closed - USA 05:54:50 14/05/2024 BST			5-day change	1st Jan Change
308.4 ^PTS	+0.08%		+0.27%	+16.21%

06:22am	Stellantis to Invest in Indonesian Nickel Project Alongside Vale, Huayou	MT
05:34am	Base metals mixed amid firmer dollar, China stimulus	RE

Uru Metals says nickel demand "continues to grow"

December 27, 2023 at 06:42 pm

Uru Metals Ltd - mineral exploration and development company which counts Zebedelia nickel project in South Africa as "flagship" asset - Reports no revenue in half-year ended September 30, unchanged annually. Net loss narrows to USD374,000 from USD436,000 year-on-year. Administrative expenses decline 9.1% to USD396,000 from USD436,000 on-year. Says Zebedelia project remains "key venture" for firm, given its near-74% stake in Zeb Nickel Corp. "The demand for nickel, essential in lithium-ion batteries and the burgeoning electric vehicle market, continues to grow, highlighting the importance of our project," Uru adds.

Current stock price: 51.80 pence

12-month change: down 65%

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BIST 30	10,921 PTS	-1.25%	-2.03%	-
DOW JONES SOUTH AFRICA(ZAR)	2,060 PTS	0.00%	+2.58%	-
DOW JONES AFRICA TITANS 50 INDEX	480 PTS	-0.15%	+1.31%	-
S&P AFRICA 40 INDEX	164.4 PTS	-0.30%	+2.28%	-
URU METALS LIMITED	50 GBX	0.00%	0.00%	1.03M

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