Nickel Industries Limited · ASX:NIC
Nickel Industries — Shareholder Meeting (May 2021)
12 slides from Nickel Industries's shareholder meeting presentation, May 18, 2021
Slide 1: A New Force in Global Nickel
A NEW FORCE IN GLOBAL NICKEL Annual General Meeting 18 May 2021 0
Slide 2: Disclaimer
Disclaimer 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 informa
Slide 3: Highlights Summary
Highlights Summary ▪ Ownership of Hengjaya Nickel (HNI) and Ranger Nickel (RNI) increased from 60% to 80% ▪ Agreement to acquire 70% of Angel Nickel (ANI) Transactions ▪ Increased ANI acquisition agreement to 80% ▪ MoU signed to diversify into nickel matte production ▪ Raised A$595M of new equity o
Slide 4: Operating and Financial Performance
Operating and Year Ended March 2021 March 2021 Financial Performance 31 December 2020 Quarter Quarter Annualised (1) Nickel Metal Production 43,621.1 10,067.5 40,270.0 tonnes of nickel metal tonnes of nickel metal tonnes of nickel metal NIC Attributable Production 30,617.8 8,054.0 32,216.0 tonnes of
Slide 5: Nickel Mines - a year of achievements
Nickel Mines - a year of achievements…. ….has translated into significant value creation for shareholders May October January March May A$231M ANREO MoU to acquire Increased ANI Completion of MoU signed to @ A$0.50 to 70% interest in acquisition US$175M senior diversify into $1.60 February unsecured
Slide 6: Building a Nickel Empire - Introducing ANI
Building a Nickel Empire - Introducing ANI Nickel Mines will have operating footprints in what are predicted to be the world’s two largest nickel production centres HALMAHERA IWIP ANI ▪ ANI more than doubles NIC’s IMIP nameplate nickel metal HNI & RNI production capacity. MOROWALI HM MINE ▪ No CAPEX
Slide 7: Comparing IMIP and IWIP
Comparing IMIP and IWIP IMIP and IWIP are estimated to become the world’s two largest nickel production centres… IMIP IWIP Steel production capacity 3Mt Stainless Steel per annum 12 operating RKEF lines RKEF lines Further RKEF lines planned and underway RKEF lines 36 operating RKEF lines Power capac
Slide 8: ANI overview
ANI overview CAPITAL COST GUARANTEE - Not to exceed US$700M(3) - No cost overrun risk 380MW POWER PLANT FIRST PRODUCTION 4 NEXT GENERATION ANI DEVELOPMENT COST - “CAPTIVE” POWER RKEF LINES(1) CAPPED AT US$700M - ~20% SAVINGS ON POWER - Scheduled Q3 2022 COSTS(2) FIRST ACQUISITION US$210M (Q1 2021)(3
Slide 9: Proven commissioning and production expansion track record - ANI the next growth leg
Proven commissioning and production expansion track record - ANI the next growth leg The ANI acquisition continues Nickel Mines’ steady accumulation of nickel production capacity Nameplate capacity set to double from 2022 (1) (2) Nameplate Attributable production above nameplate ANI illustratively a
Slide 10: Angel Nickel - progress report
Angel Nickel - progress report Engineering, procurement and construction activities at ANI are progressing well with all material earthworks and plant footings now largely completed together with the fabrication of key long lead items including boilers, turbines and generators. Images from March 202
Slide 11: Hengjaya Mine – The Foundation Asset
Hengjaya Mine – The Foundation Asset Location Licence Resource Mining ▪ Morowali Regency, Central ▪ IUP licence covering 5,983 ▪ Updated Resource released ▪ Geology de-risked by mining Sulawesi, Indonesia. hectares. in August 2020(1). activity to date. ▪ A large tonnage, high grade, ▪ 20-year mining
Slide 12: Thank You
THANK YOU 11