Nickel Industries Limited · ASX:NIC
Nickel Industries — Q3 2022 Earnings Presentation
11 slides from Nickel Industries's earnings presentation, Oct 31, 2022
Slide 1: Building a Nickel Empire: Quarterly Activities Presentation
BUILDING A NICKEL EMPIRE For personal use only QUARTERLY ACTIVITIES PRESENTATION FOR THE PERIOD ENDED 30 September 2022 Record nickel production of 20,275 tonnes underpins EBITDA from operations of US$55.5M 0
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Nickel Industries Limited (ABN 44 127 510 589) (‘NIC’). The information contained in this presentation is for For personal use only information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read i
Slide 3: September quarter review
September quarter review Record nickel production of 20,275 tonnes underpins EBITDA from operations of US$55.5M ❑ Record Ni metal production of 20,275 tonnes (100% basis) For personal use only – 30.2% higher than September quarter (15,567 tonnes) – ANI contribution of 9,994 tonnes (up 56% from June
Slide 4: September quarter summary
September quarter summary June quarter September quarter For personal use only tonnes Gross Ni metal production (100% basis) 15,567 Record 20,275 30.2% NIC attributable Ni metal production tonnes 12,453 Record 16,220 30.2% Realised NPI price $/t Ni 19,943 15,950 (20%) US$M Sales revenue (100% basis)
Slide 5: RKEF quarterly operating performance
RKEF quarterly operating performance For personal use only ❑ Record quarterly production of 20,275 tonnes Ni production (+30.2% from June qtr) including 9,994 tonnes Ni production from ANI September quarter ❑ NIC attributable production of 16,220 tonnes (20,275 tonnes) ❑ Combined HNI and RNI product
Slide 6: RKEF EBITDA negatively impacted by falling margins
RKEF EBITDA negatively impacted by falling margins For personal use only ❑ RKEF EBITDA of US$45.3M driven predominantly by a 20% decrease in realised NPI contract prices ❑ Modestly lower costs not enough to offset lower NPI prices leading to margin compression during the September quarter September
Slide 7: Another quarter of record production at Hengjaya Mine
Another quarter of record production at Hengjaya Mine Production summary June Quarter September Quarter For personal use only Saprolite mined wmt 792,630 599,790 Limonite mined wmt 520,862 1,098,186 Nickel ore mined 1,313,492 1,697,976 Overburden mined BCM1 826,553 390,940 Strip ratio2 BCM/wmt 0.63
Slide 8: Hengjaya Mine – a global top-10 nickel resource
Hengjaya Mine – a global top-10 nickel resource Global Contained Nickel Resources and Grade For personal use only 7
Slide 9: Continued excellent EBITDA to cashflow conversion
Continued excellent EBITDA to cashflow conversion For personal use only Underlying cash generation from operations is calculated as EBITDA from operations less capex 8
Slide 10: Corporate
Corporate Binding term sheet for 200MWp + 20MWh battery solar project For personal use only ❑ In August 2022, the Company announced that it had signed a binding term sheet with PT Sumber Energi Surya Nusantara (‘SESNA’) to develop, install, operate and maintain a 200MWp + 20MWh battery solar project
Slide 11: Thank you
For personal use only THANK YOU 10