Nickel Ind. (NIC) is held by 26 ASX ETFs. Over all time it fell 3.1%: on $10,000, −$312. We explain 15 big moves in that time.
About NIC
- SectorMaterials
- IndustryMaterials
- Size$3.3b
- Held by26 ETFs
- Big moves15 in all time
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −5.6%1 Oct 2026· Operational
Nickel Industries fell sharply as drought conditions in Indonesia threaten to delay the ramp-up of its HPAL processing plant, raising operational and production concerns.
- +6.0%24 Aug 2026· Sector Flow
NIC.AX rose sharply alongside a broad materials sector rally, with no company-specific news to explain the move.
- +5.2%15 Jun 2026· Operational
Nickel Industries' share price surged after its positive operating update with US$80m EBITDA and HPAL progress.
- +6.8%25 Mar 2026· Sector Flow
The stock moved up as part of a positive sector sentiment for ASX mining stocks, as highlighted by a Motley Fool article on the same day.
- −5.9%23 Feb 2026· Earnings Miss
Nickel Industries' FY 2025 loss, despite narrowing, likely disappointed investors expecting a profit recovery.
- +5.7%18 Feb 2026· Unknown
Insufficient evidence from news articles to determine the cause of the price move.
- −5.7%30 Jan 2026· Earnings Miss
Nickel Industries' December 2025 quarter report, though showing strong HPAL margins and a mining rebound, failed to meet investor expectations, likely overshadowed by peer 29Metals' capital raise announcement.
- +6.3%7 Jan 2026· Operational
Nickel Industries' ENC Project partnership with Sphere was announced, likely boosting investor sentiment.
- +5.6%5 Jan 2026· Operational
Sphere took a stake in Nickel Industries' ENC Project, boosting the stock on the news.
- +7.8%2 Jan 2026· Takeover / M&A
Nickel Industries shares rose 7.78% on January 1, 2026, likely due to a combination of a notable $240 million stake sale agreement announced on December 30, 2025, and a broad positive start to the ASX 200 in 2026.
- +12.9%10 Apr 2025· Commodity
No direct news was found for NIC.AX on 2025-04-10, but a large positive move with high volume suggests a likely rally in the nickel commodity price.
- −14.1%9 Apr 2025· Unknown
No news articles were found; the price move likely relates to an unannounced or external factor such as a commodity price shift.
- −8.0%4 Apr 2025· Unknown
No specific cause identified due to absence of news; likely broad market or sector weakness.
- +8.3%12 Mar 2025· Unknown
An ASX 200 mining stock crashed 28% on the same day, likely triggering a negative sector flow that contributed to the abnormal move in Nickel Industries.
- −19.9%11 Mar 2025· Guidance Down
Despite limited headline detail, the extreme negative move (nearly 20% drop with massive volume) for an ASX 200 mining stock is most consistent with a guidance downgrade or negative operational update.
Held by 26 ETFs
Of every $10,000 in each fund, how much is in NIC today.
- XMETBetaShares Energy Transition Metals ETF$1231.23%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$670.67%
- ISOiShares S&P/ASX Small Ordinaries ETF$660.66%
- FAIRBetaShares Australian Sustainability Leaders ETF$360.36%
- VSOVanguard MSCI Australian Small Companies Index ETF$330.33%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$260.26%
- QREBetaShares Australian Resources Sector ETF$210.21%
- IJRiShares S&P Small-Cap ETF$190.19%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$170.17%
- MTUMBetaShares Australian Momentum ETF$160.16%
Why did NIC fall 8.0% on 4 Apr 2025?
Nickel Ind.
No specific cause identified due to absence of news; likely broad market or sector weakness.
The price drop is significant but no news articles were found near the event date. Without any specific announcements, the move could be driven by unrecorded sector or macro factors, but evidence is insufficient to assign a definitive cause.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
No evidence layer produced anything for this event.
What it did to the 26 ETFs holding NIC
On $10,000 in each fund, at the weight it holds today
- XMET1.23% of the fund−$10
- SSO0.67% of the fund−$5
- ISO0.66% of the fund−$5
- FAIR0.36% of the fund−$3
- VSO0.33% of the fund−$3
- OZR0.26% of the fund−$2
- QRE0.21% of the fund−$2
- IJR0.19% of the fund−$2
- EX200.17% of the fund−$1
- MTUM0.16% of the fund−$1
The 10 that hold it most. All 26 are listed on the page under Held by.