Nickel Industries Limited · ASX:NIC
Nickel Industries — Nickel Mines — Shareholder Meeting (May 2020)
12 slides from Nickel Industries's shareholder meeting presentation, May 29, 2020
Slide 1: A New Force in Global Nickel
A NEW FORCE IN GLOBAL NICKEL Annual General Meeting 29 May 2020
Slide 2: Disclaimer
Disclaimer 2 This presentation has been prepared by Nickel Mines Limited (ABN 44 127 510 589) (‘NIC’). The information contained in this presentation is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. The infor
Slide 3: Exercise of RKEF Ownership Options
3 EXERCISE OF RKEF OWNERSHIP OPTIONS In less than 2 years since its IPO, Nickel Mines will have transitioned from a small-scale supplier of nickel ore to a globally significant nickel producer with attributable nickel production of ~35kt pa
Slide 4: A Transformational Transaction
A Transformational Transaction 4 ▪ NIC has announced its intentions to exercise its contractual options to increase its interests in the Hengjaya Nickel (‘HNI’) and Ranger Nickel (‘RNI’) RKEF projects to 80% (option period valid to 30 November 2020). ▪ The additional 20% interest in HNI and RNI will
Slide 5: Transformative for Nickel Mines' production and financial profile
Transformative for Nickel Mines’ 5 production and financial profile GROWING SHARE OF PRODUCTION AND EBITDA ▪ 2.128B shares on issue 40,000 HNI RNI ▪ A$1.127B market capitalisation (@ A$0.53) 34,560 30,000 ▪ ~34.5kt of attributable nickel production 25,920 NI EQ TONNES(1) 17,280 o Significantly large
Slide 6: Current Operational Performance
6 CURRENT OPERATIONAL PERFORMANCE
Slide 7: Continued operational outperformance at HNI and RNI
Continued operational outperformance at HNI and RNI 7 March quarter annualised run-rate of ~22.5kt per annum at each of HNI and RNI (100% basis) 2,250 8,500 2,000 1,943 1,925 1,934 8,300 1,904 8,256 1,913 1,879 1,907 1,820 1,854 1,825 1,780 8,100 1,750 1,667 7,975 7,909 7,782 7,900 1,500 7,789 7,779
Slide 8: Hengjaya Mine Operations – Quarterly Performance
Hengjaya Mine Operations – Quarterly Performance 8 September 2019 December 2019 March 2020 Production summary Year to Date Quarter Quarter Quarter Tonnes mined Wmt 199,056 194,159 149,958 543,173 Overburden mined BCM 432,042 428,041 290,955 1,151,038 Strip ratio BCM/wmt 2.2 2.2 1.1 2.1 Tonnes sold w
Slide 9: Hengjaya Mine Expansion Initiatives
Hengjaya Mine Expansion Initiatives 9 Numerous expansion initiatives are underway aimed at unlocking the full strategic value of Hengjaya Mine ▪ Objectives of Hengjaya Mine expansion(1): o Materially increase production of saprolite from current levels of ~600kt pa. o Prepare Hengjaya Mine to delive
Slide 10: A Year of Significant Achievement
10 A YEAR OF SIGNIFICANT ACHIEVEMENT
Slide 11: What's next - June 2020 and beyond
In less than 2 years since its IPO, Nickel Mines will have transitioned 11 from a small-scale supplier of nickel ore to a globally significant nickel producer with attributable nickel production of ~35kt pa $0.80 Move to 60% of RNI Admitted to ASX 300 $0.70 Announces intention to What’s next - June
Slide 12: www.nickelmines.com.au
12 www.nickelmines.com.au Robert Neale Chairman rneale@nickelmines.com.au Norman Seckold Deputy Chairman nseckold@nickelmines.com.au Justin Werner Managing Director jwerner@nickelmines.com.au Peter Nightingale Director and Chief Financial Officer pnightingale@nickelmines.com.au Richard Edwards Compa