Nickel Industries Limited · ASX:NIC
Nickel Industries — Q2 2022 Earnings Presentation
12 slides from Nickel Industries's earnings presentation, Jul 28, 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 June 2022 Record EBITDA from operations of US$103.2M as Angel Nickel production ramps up and Hengjaya Mine benefits from higher realised ore prices 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: June quarter review
June quarter review Record EBITDA from operations of US$103.2M as Angel Nickel production ramps up and Hengjaya Mine benefits from higher realised ore prices For personal use only ❑ Record Ni metal production of 15,567 tonnes (100% basis) – 39.4% higher than March quarter (11,166 tonnes) with ANI co
Slide 4: June quarter summary
June quarter summary March quarter June quarter For personal use only tonnes Gross Ni metal production (100% basis) 11,166 Record 15,567 39.4% NIC attributable Ni metal production tonnes 8,933 Record 12,453 39.4% Realised NPI price $/t Ni 19,368 Record 19,943 3.0% US$M Sales revenue (100% basis) 195
Slide 5: RKEF quarterly operating performance
RKEF quarterly operating performance For personal use only ❑ Record quarterly production of 15,567 tonnes Ni production (+39.4% from March qtr) including 6,389 tonnes Ni production from ANI. June quarter ❑ NIC attributable production of 12,453 tonnes. (15,567 tonnes) ❑ Combined HNI and RNI productio
Slide 6: Record quarterly RKEF EBITDA driven by significantly higher nickel tonnes sold
Record quarterly RKEF EBITDA driven by significantly higher nickel tonnes sold For personal use only ❑ Record quarterly RKEF EBITDA of US$84.9M driven by a 56.8% increase in nickel tonnes sold and a 3% increase in realised contract prices. June quarter: ❑ Robust EBITDA margins of US$5,367/t – down f
Slide 7: Record production at Hengjaya Mine
Record production at Hengjaya Mine Production summary March Quarter June Quarter For personal use only Saprolite mined wmt 810,324 792,630 Limonite mined wmt 263,201 520,862 Nickel ore mined 1,073,525 1,313,492 Overburden mined BCM1 936,648 826,553 Strip ratio2 BCM/wmt 0.87 0.63 Saprolite Tonnes sol
Slide 8: 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 7
Slide 9: Corporate
Corporate Change of Company name Following shareholder approval at the Company’s AGM on 31 May 2022, the Company’s name was changed from Nickel Mines Limited to Nickel Industries Limited. For personal use only ❑ ❑ Names change reflects the underlying nature of the Company’s operations and its growin
Slide 10: ANI and ONI expected to be transformative to NIC's production and financial profile
ANI and ONI expected to be transformative to NIC’s production and financial profile Consolidated production (100% basis) Existing operations demonstrate consistent 12 RKEF lines performance of 30%+ above nameplate For personal use only 140,000 Ni Eq production (tpa)(3) capacity 120,000 ? 100,000 8 R
Slide 11: Why invest now?
Why invest now? Production profile expected to grow >3x over the next 12 months as 2 new projects come online For personal use only A compelling growth profile Management believe this is an attractive valuation entry point Growth that does not rely on Unrivalled growth delivered through increasing p
Slide 12: Thank you
For personal use only THANK YOU 11