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

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’s numbers are ...