He described the start to the year as strong for nickel pricing and said it “bodes well” for the remainder of the year. He attributed the improvement to higher nickel and cobalt pricing, adding that the average LME nickel price for 2025 was $15,000. About Nickel Industries (ASX:NIC)Nickel Industries Limited engages in nickel ore mining, nickel pig iron, cobalt, and nickel matte production activities. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. Nickel Industries Limited was incorporated in 2007 and is based in Sydney, Australia.