Nickel Industries (ASX:NIC) experiences a significant rise in shares of up to 2.5%, enhancing the monetary value to A$0.728.

If this upward curve maintains, it could mark an all-time best since the 29th of September.

Nickel Industries announces a binding agreement sealed for a solar project with Pt Sumber Energi Surya Nusantara.

The engagement encompasses a 200 MWP + 20 MWH battery solar project development within the Morowali industrial park, located in Indonesia.

This venture aims to supply power to the Nickel Industries' existing rotary kiln-electric arc furnace operations, among others.

Despite this positive jump, the company’s stock is down by 26.8% this year, in reference to the last recorded closing price.

Nickel Industries is a company leading the way in the nickel mining industry.