In today’s briefing:
- Harita Nickel IPO Peer Comparison – Seems to Be More Reliant on Lygend, than Vice Versa
Harita Nickel IPO Peer Comparison – Seems to Be More Reliant on Lygend, than Vice Versa
- PT Trimegah Bangun Persada Tbk (Harita Nickel) (2230010D IJ) is looking to raise about US$650m in its Indonesian IPO.
- Harita Nickel is a vertically integrated pure-play nickel company operating on Obi Island, Indonesia.
- For our peer comparison exercise, we looked at international nickel mining companies and also included downstream players in the nickel value chain such as Huayou Cobalt and Lygend Group.
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