Nickel Industries Limited · ASX:NIC
Nickel Industries — Q3 2024 Earnings Presentation
10 slides from Nickel Industries's earnings presentation, Nov 2, 2024
Slide 1: Quarterly Activities Presentation
Nickel Industries Limited (ASX:NIC) Quarterly Activities Presentation For the period ended 30 September 2024
Slide 2: Safety and Sustainability
Safety and Sustainability ▪ The Company-wide 12-month lost time injury frequency rate (LTIFR) as at end of September 2024, was 0.12, with one LTI occurring during the quarter, against 4.6 million work hours registered ▪ The Company-wide 12-month rolling total recordable injury frequency rate (TRIFR)
Slide 3: September quarter review
September quarter review US$108.4M EBITDA from Operations ▪ RKEF nickel metal production of 30,663 tonnes (100% basis) – 4.1% lower than June quarter (31,975 tonnes) due to 8 days scheduled maintenance at RNI, and RKAB licence-related issues ▪ RKEF EBITDA of US$60.0M – 43.5% higher than June quarter
Slide 4: Stable RKEF production continues across our operations
Stable RKEF production continues across our operations ▪ RKEF quarterly production of 30,663 tonnes of nickel metal, down 4.1% from June quarter (31,975 tonnes) – operations impacted by scheduled maintenance at RNI and ongoing RKAB licence-related issues ▪ Additionally, 2,125 tonnes of Ni in MHP fro
Slide 5: NPI pricing – continuing to recover from March quarter lows
NPI pricing – continuing to recover from March quarter lows ▪ Realised contract prices increased 3.9% from the June quarter as prices continued to improve from recent lows seen in the March quarter – prices increased each month of the quarter, and continued to increase in Q4 5
Slide 6: ENC construction progress – key equipment now arriving on site
ENC construction progress – key equipment now arriving on site ▪ Project site now fully prepped for the arrival of key long lead items and critical process equipment that has been sourced and procured from leading equipment manufacturers from around the world including Australia, China, Germany, Net
Slide 7: Hengjaya Mine – improved weather conditions underpins strong financial result
Hengjaya Mine – improved weather conditions underpins strong financial result June quarter September quarter Production summary 2024 2024 Saprolite mined wmt 879,280 1,468,914 Limonite mined wmt 2,090,072 4,280,938 Nickel ore mined wmt 2,969,352 5,749,852 Overburden mined BCM(1) 370,204 634,851 Stri
Slide 8: Conditional acquisition of Sampala Project
Conditional acquisition of Sampala Project ▪ In September, the Company announced it had signed CSPA’s for the acquisition of the Sampala Project - three highly prospective, advanced and contiguous, nickel-cobalt projects totalling 6,654ha in combined size, namely ETL, MJN and GF ▪ The Sampala Projec
Slide 9: Corporate
Corporate Completion of initial 51% interest in Siduarsi Project (1) ▪ Completed the acquisition of an initial 51% interest (increasing to 100%) in the Siduarsi Project for four million shares in Nickel Industries, in-line with the MoA signed in September 2021 ▪ Announced a JORC-compliant Mineral Re
Slide 10: Further information
Further information Justin Werner Cameron Peacock Managing Director Investor Relations and Business Development jwerner@nickelindustries.com cpeacock@nickelindustries.com 10