West Perth-based nickel producer Mincor Resources NL has increased its net profit to $101.3 million, a new record for the company and a 246 per cent increase on the previous year's net profit of $29.3 million.

West Perth-based nickel producer Mincor Resources NL has increased its net profit to $101.3 million, a new record for the company and a 246 per cent increase on the previous year's net profit of $29.3 million.