The Australian-based South32 is another top nickel producer. The company also has mines that produce aluminum, zinc, lead, silver, and more. The company was spun off from former parent BHP Group in 2015.
Although small and with limited stand-alone operating history, South32 has done well. The company is profitable and pays a dividend. It also has plenty of cash and investments and minimal debt on its balance sheet, making it a solid stock for investors looking for a smaller company with expansion potential.