Nickel Ind. (NIC) is held by 26 ASX ETFs. Over the last year it rose 3.3%: on $10,000, +$333. We explain 10 big moves in that time.
About NIC
- SectorMaterials
- IndustryMaterials
- Size$3.3b
- Held by26 ETFs
- Big moves10 in 1Y
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.
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 rise 5.6% on 5 Jan 2026?
Nickel Ind.
Sphere took a stake in Nickel Industries' ENC Project, boosting the stock on the news.
The price move on 2026-01-04 is most likely driven by the news that Sphere took a piece of Nickel Industries' ENC Project, which was published on the following trading day (2026-01-05). Although the broader ASX 200 was also rising due to materials sector gains around this time, the project-specific news is a more direct catalyst for a 5.56% jump in a single stock. The volume increase of 2.19x normal suggests significant interest in the stock specifically.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
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+$7
- SSO0.67% of the fund+$4
- ISO0.66% of the fund+$4
- FAIR0.36% of the fund+$2
- VSO0.33% of the fund+$2
- OZR0.26% of the fund+$1
- QRE0.21% of the fund+$1
- IJR0.19% of the fund+$1
- 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.