$HRUM with the new BSE Pt Position WMI IMI SMI will double the revenue and profit for 2026 and become the winner for the sector alongside with $NCKL and $INCO.

NPI and MHP price have exceeded 2 years high meanwhile ore price is stable.
China Nickel and LME price have the widest 3 years spread breaking above 16300.
Expecting LME nickel to break above 16000 next week following China nickel price.

Stocks Price action will follow the Nickel price itself same like other commodities.
Expecting nickel shares to rally and entering supercycle following gold and copper as soon as next week.
China nickel shares like Lygend Huayou G.E.M CNGR CATL are among the winner for 2025 meanwhile Indonesian nickel stocks still lag much behind although China business and smelter itself is located here in Indonesia doing JV with HRUM NCKL INCO MBMA.

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