** Shares of Australia's Nickel Industries NIC.AX fall as much as 6% to A$0.855, its lowest level since December 31
** Stock hits biggest intraday pct drop in over four months
** The nickel producer expects its December 2025 adjusted EBITDA from operations to be in range of $35 million-$40 million, down from $72.4 million a year ago
** Co says result due to delay in securing increase in Hengjaya Mine’s Rencana Kerja dan Anggaran Biaya (RKAB)
** Adds, ore sales decreased to 945,631 wmt in December quarter from 3.1 million wmt in September quarter
** RKAB is an annual work plan and budget document required for mining companies in Indonesia
** NIC rose 1.2% in 2025, up 3.6% YTD
(Reporting by Aamir Sheik Khalid in Bengaluru; editing by Diane Craft)
((Aamir.SheikKhalid@thomsonreuters.com))

