Pt Trimegah Bangun Persada Tbk · IDX:NCKL
Pt Trimegah Bangun Persada Tbk — FY2023 Earnings Presentation
28 slides from Pt Trimegah Bangun Persada Tbk's earnings presentation, April 2024
Slide 1: Company Presentation FY23
Analyst Call FY23 Company Presentation FY23 April 2024 tbpnickel.com
Slide 2: Table of Contents
Table of Contents Operation Overview 3 Financial Highlight 13 CSR, ESG & Sustainability 16 Corporate Action 25 2
Slide 3: Operation Overview
Operation Overview 3
Slide 4: Journey in 2023
Journey in 2023 January March 12 April 2023 May June • HPAL Phase II • Completion of 5 from IPO • Completion of 8 production • HPL started to Project - 3rd line 8 production lines in PT Trimegah Bangun lines in HJF RKEF export Nickel production HJF RKEF Phase I Persada Tbk • Completion of sulfate fa
Slide 5: Mining Operations
Mining Operations Mining Production Output (million wmt) Nickel Ore Sales (million wmt) YoY 93.7% YoY 20.75 98% 15.38 CAGR 63.4% CAGR 123% 10.72 14.66 9.08 7.77 4.76 6.29 3.59 3.22 5.89 6.30 3.42 6.09 2.03 2.36 4.43 1.38 1.56 1.88 1.34 0.86 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Saprolite Limonite
Slide 6: Harita Nickel's Highly Potential Mines and Integrated Facilities Location
Harita Nickel's Highly Potential Mines and Integrated Facilities Location Obi Island All the mines are located in the ultramafic areas Short Transportation Distance Between Assets All production facilities and supporting infrastructures are strategically planned and built in the west part of Obi Isl
Slide 7: HPAL Operations
HPAL Operations HPAL Production Output (In ton) HPAL Sales Volume (In ton) YoY YoY MHP Ni MHP Ni 50% 9% 46,093 63,655 42,251 YoY 55,000 YoY MHP Ni 377% MHP Ni 264% 42,310 14,778 15,641 12,671 13,349 1,811 1,533 1,721 1,058 6,651 5,303 5,317 4,772 FY21 FY22 FY23 FY21 FY22 FY23 MHP Ni MHP Co Nickel Su
Slide 8: HPAL Ongoing Project (ONC) autoclaves have been assembled
HPAL Ongoing Project (ONC) 3 autoclaves have been assembled Construction progress of sulfuric acid plant as of January 26, 2024 65,000 Tons contained Ni/year of MHP Co Co • ONC will have 3 production lines of HPAL. • Designed capacity of 65,000 tons contained Ni/year of MHP. • Expected commissioned
Slide 9: RKEF Operations
RKEF Operations FeNi Production Output (In metal ton) FeNi Sales Volume (In metal ton) YoY 300% YoY 299% 101,538 100,891 CAGR 64% 90,000 CAGR 66% 73,720 72,409 26,047 25,372 27,818 21,956 26,182 25,302 28,482 22,921 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 MSP HJF MSP HJF • From FY20 - FY22, FeNi pro
Slide 10: RKEF Ongoing Project (KPS)
RKEF Ongoing Project (KPS) 60,000 Tons contained Ni/year of FeNi • 1st stage KPS will have 4 production lines with annual production capacity of 60,000 tons contained Ni/year of FeNi. • Expected construction completion by the end of 2024, commissioned in 1st quarter 2025. Construction progress as of
Slide 11: Ports at Obi Island
Ports at Obi Island Persada 2 Persada 5 Persada 1 Persada 6 Persada 3 Persada 7 Persada 4 Persada 3 Persada 5 Persada 2 and 3 Nickel Sulfate Export Unloading Coal MHP Export 11
Slide 12: Production Capacity Growth Plans (Total Tons Contained Ni/Year)
Production Capacity Growth Plans (Total Tons Contained Ni/Year) 425,000*) Mixed Hydroxide Precipitate (MHP) • Intermediate nickel product produced by the HPAL process. 120,000 • Can be further processed into nickel Nickel Sulfate sulfate. • Mixed Hydroxide Precipitate (MHP) 240,000 Cobalt Sulfate (t
Slide 13: Financial Highlight
Financial Highlight 13
Slide 14: Highlights Profit & Loss Statement – FY23
Revenue Gross Profit and Margin CAGR (1) 48% 55% 49% 35% 80% YoY (2) 149% CAGR (1) 62% YoY (2) 77% 1,564 543 23,858 Highlights Profit & Loss 575 643 315 314 8,276 4,514 4,675 279 9,568 134 8,229 Statement – FY23 4,072 1,957 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 (audited) (audited) (audited) (audit
Slide 15: FY23 ASP, Cash Cost and Cash Margin (Mining & Processing Business)
FY23 ASP, Cash Cost and Cash Margin (Mining & Processing Business) Mining Products (USD/wmt) HPAL Products (USD/mt) RKEF Product (USD/mt) Limonite Saprolite MHP Ni NiSO₄ CoSO₄ 46 19,730 13,492 32 14,851 14,610 9,913 22 10,368 9,252 9,362 8,023 15 14 6,828 5,358 3,579 7 ASP Cash Cost Cash Margin ASP
Slide 16: ESG, CSR & Sustainability
ESG, CSR & Sustainability 16
Slide 17: Alignment With Best Practice Governance Standards
Alignment With Best Practice Governance Standards A comprehensive standard for responsible mining and mineral processing that is supported by a wide range of stakeholders (Government, NGOs, etc.) RMI RMAP: A supply chain transparency & ESG assessment standard to support companies in identifying resp
Slide 18: Human Rights Protection
Human Rights Protection Human Rights Due Diligence. • Human Rights Due Diligence Assessment (against UNGP) executive summary available on website. Human • Ongoing improvements for identified gaps. Rights • Regular evaluation and relevant updates. Protection Dedicated Human Rights Policy in developme
Slide 19: New Kawasi Village Progress as of Feb 2024
New Kawasi Village Progress as of Feb 2024 259 Residential Units are 100% Completed. with all public facilities (water & electricity and Access to community’s roads & permanent channels in the area). port Church Community’s port 100% Completed and it has been used by the community. Access Road to co
Slide 20: Community Development & Empowerment Program
Community Development & Empowerment Program Health Service Infrastructure Integrated Services Post (Posyandu); 181 Moms & Babies / month. 32 malnourished babies get add nutrition. 800m Drainage maintenance Free Medical Services in at Soligi and Kawasi. FY23; 4 doctors, 14 medical staff, 327 patients
Slide 21: Community Development & Empowerment Program
Community Development & Empowerment Program Education Socio Culture Education Program Facilities Socio Culture Activities 6 85 Teachers received salary incentive 1,663 2,377 Beneficiary Schools. Students. support. Activities. Development of new school in New Kawasi 90 Cultural Art Activities, Youth
Slide 22: Community Development & Empowerment Program IDR 13.2 Bn (~USD 852k)
Community Development & Empowerment Program 691 65 26 Job Creation Local Suppliers Farmers Group Average transaction amount/month IDR 13.2 Bn (~USD 852k) 22
Slide 23: Sustainable Energy Initiatives and Decarbonization (HPAL & RKEF Projects)
Sustainable Energy Initiatives and Decarbonization (HPAL & RKEF Projects) 1 2 3 4 5 5 6 7 No Project Name The intensity of PT HPL, MHP 1 Local community 1kWp Micro Wind Turbine + production emissions is significantly 2x200Wp Solar PV. lower than industry standards and comparable with sulfidic ore pr
Slide 24: Ecosystem and Environment
Ecosystem and Environment Commitments. Net Terrestrial Conservation Gain within 20 years. Landscape-level Nature Risk Assessment. Detailed Environmental And Social Impact Assessments. O 2 Air Water Coal Dome – indoor coal storage Size of Sediment Pond (600 x 140 mtr ~ 300,000 MT). >500 olympic-sized
Slide 25: Corporate Action
Corporate Action 25
Slide 26: Extraordinary General Meeting Shareholders, March 15, 2024
Extraordinary General Meeting Shareholders, March 15, 2024 Backgrounds of the Transaction : • Opportunity for the Company to explore potential capacity expansion and/or wider market penetration in near future. • Proceeds of the Transaction* (if executed) will be used to strengthen & expand Company’s
Slide 27: How to ask the questions:
How to ask the questions: 1. Kindly raise your hand. 2. Moderator will allow you to talk. 27
Slide 28: THANK YOU
THANK YOU For futher information: PT Trimegah Bangun Persada Tbk | Headquarters, Panin Bank Building, Jendral Sudirman Kav.1 | Jakarta 102720 – Indonesia | Tel. +62 – 21 - 5722924 | Fax. +62 – 21 – 72789908. Email: lukito.gozali@haritanickel.com | investor.relations@haritanickel.com. 28
PT Trimegah Bangun Persada — FY2023 Earnings Presentation on 6ix