Lygend Resources Posts Record 2025 Profits as Indonesian Nickel Output Hits Full Capacity

Post Views: 13 Lygend Resources China’s Lygend Resources delivered a breakout financial performance in 2025, reporting revenues of 40.24 billion yuan ($5.85 billion) — a near-fivefold increase year on year — and a 61 percent rise in net profit to ¥2.85 billion. The results underscore a broader theme reshaping global nickel supply: the accelerating dominance of Chinese-backed Indonesian laterite processing in setting the pace for nickel unit costs, output volumes, and downstream battery material availability. For nickel buyers, cobalt traders, and EV supply chain strategists, Lygend&#8217...