Nickel Industries Limited · ASX:NIC
Nickel Industries — Q4 2023 Earnings Presentation
8 slides from Nickel Industries's earnings presentation, Mar 2, 2024
Slide 1: Quarterly Activities Presentation for the period ended 31 December 2023
QUARTERLY ACTIVITIES PRESENTATION FOR THE PERIOD ENDED 31 December 2023 Record Group EBITDA from operations of US$135.4M underpins increased final dividend and share buyback 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 information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. The in
Slide 3: December quarter review
December quarter review Record Group EBITDA from operations of US$135.4M underpins increased FY dividend and share buyback ▪ Over 16.7 million LTI-free man hours across all of NIC’s operations in 2023 ▪ Record RKEF nickel metal production of 34,450 tonnes (100% basis) – 1.8% higher than September qu
Slide 4: ESG – playing a leadership role for responsible and sustainable mining in Indonesia
ESG – playing a leadership role for responsible and sustainable mining in Indonesia Safety ▪ Over 16.7 million LTI-free man hours achieved for 2023 ▪ 5.5 million at Hengjaya Mine (HM) / 11.2 million at RKEF/HPAL operations Environmental ▪ Award of GREEN PROPER rating to HM by the Ministry of Environ
Slide 5: Strong EBITDA generated in difficult operating environment
Strong EBITDA generated in difficult operating environment EBITDA from 106.1 113.2 55.9 120.7 135.4 operations (US$M) Average LME Ni price (US$/t) 25,460 25,973 22,277 20,392 17,288 ▪ Record RKEF quarterly production of 34,450 tonnes of nickel metal (+1.8% from September quarter), comprising 29,367
Slide 6: Record quarter of production at Hengjaya Mine
Record quarter of production at Hengjaya Mine Production summary September quarter December quarter Saprolite mined wmt 1,013,949 1,463,943 Limonite mined wmt 2,616,041 3,100,155 Nickel ore mined wmt 3,629,990 4,564,098 Overburden mined BCM(1) 332,155 381,494 Strip ratio BCM/wmt 0.09 0.08 Saprolite
Slide 7: Corporate
Corporate Acquisition of a 13.75% equity interest in ENC HPAL Project ▪ FID taken in October to commit to the participation and investment in the Excelsior Nickel Project (ENC) which is expected to produce 72,000 tonnes per annum of contained nickel equivalent metal across the three major class 1 ni
Slide 8: Further Information
FURTHER INFORMATION: Justin Werner Cameron Peacock Managing Director Investor Relations and Business Development jwerner@nickelindustries.com cpeacock@nickelindustries.com 7