Nickel Industries Limited · ASX:NIC
Nickel Industries — Q4 2024 Earnings Presentation
9 slides from Nickel Industries's earnings presentation, Feb 25, 2025
Slide 1: Quarterly Activities Presentation
Nickel Industries Limited (ASX:NIC) Quarterly Activities Presentation For the period ended 31 December 2024
Slide 2: Safety and Sustainability
Safety and Sustainability ▪ The Company-wide 12-month lost time injury frequency rate (LTIFR) as at end of December 2024, was 0.11, with no LTIs occurring during the quarter, against 4.7 million work hours registered. For the twelve months to 31 December 2024, there were 17.4 million work hours regi
Slide 3: December quarter review
December quarter review US$72.4M EBITDA from Operations ▪ RKEF nickel metal production of 32,784 tonnes (100% basis) – 6.9% higher than September quarter (30,663 tonnes) due to a record of 12,362 tonnes at ONI and recovery to normalised levels at ANI of 11,347 tonnes ▪ RKEF underlying EBITDA of US$4
Slide 4: Stable RKEF production continues across our operations
Stable RKEF production continues across our operations ▪ RKEF quarterly production of 32,784 tonnes of nickel metal, up 6.9% from September quarter (30,663 tonnes) – operations included a record quarter at ONI and a recovery at ANI ▪ Additionally, 2,099 tonnes of Ni in MHP from HNC, representing NIC
Slide 5: NPI pricing remains relatively stable
NPI pricing remains relatively stable ▪ Realised contract prices increased 3.7% from the September quarter 5
Slide 6: Impressive ENC construction progress
Impressive ENC construction progress ▪ During the quarter, there was significant progress at ENC with all three autoclaves and the absorption tower now on site. The circular pads and mounts have been prepared to install the thickeners, reactors and storage tanks in the HPAL plant during the first qu
Slide 7: Hengjaya Mine
Hengjaya Mine September quarter December quarter Production summary 2024 2024 Saprolite mined wmt 1,468,914 1,642,118 Limonite mined wmt 4,280,938 5,552,084 Nickel ore mined wmt 5,749,852 7,194,202 Overburden mined BCM(1) 634,851 771,902 Strip ratio BCM/wmt 0.11 0.11 Nickel ore sold wmt 2,971,415 2,
Slide 8: Sampala Project update
Sampala Project update ▪ Exploration Target of 350 to 700 million dmt at 0.9% to 1.1% nickel in addition to the existing Resource of 187 million dmt at 1.2% nickel The Exploration Target has been determined based on the 2024 drill program and geological mapping. The potential quantity and grade are
Slide 9: Further information
Further information Justin Werner Cameron Peacock Managing Director Investor Relations and Business Development jwerner@nickelindustries.com cpeacock@nickelindustries.com 9