Nickel Industries Limited · ASX:NIC
Nickel Industries — Merger or Acquisition (September 2024)
14 slides from Nickel Industries's merger presentation, Sep 17, 2024
Slide 1: Sampala Project Acquisition
Nickel Industries Limited (ASX:NIC) Sampala Project Acquisition September 2024 For personal use only Acquisition of World Class Nickel Portfolio
Slide 2: Updated disclosure for the Sampala Project ASX announcement
Updated disclosure for the Sampala Project ASX announcement Summary of updates to the ASX announcements on 26 August 2024 “Presentation re Acquisition of World Class Nickel Portfolio” and “Sampala For personal use only Project Overview Webcast Details”: • Footnote added to slide 4 • Company explorat
Slide 3: Important legal information
Important legal information This presentation has been prepared by Nickel Industries Limited (ABN 44 127 510 589) (“NIC”). The information contained in this presentation For personal use only is for information purposes only and has been prepared for use in conjunction with a verbal presentation and
Slide 4: Sampala Project overview
Sampala Project overview Acquisition of three highly prospective, advanced, contiguous nickel IUPs covering 6,654ha and initial JORC 2012 For personal use only compliant resource of 2.3 million tonnes of contained nickel metal (1) Sampala Project location in relation to IMIP, HM and SCM • Nickel Ind
Slide 5: Strategic rationale for acquisition
Strategic rationale for the Sampala Project acquisition World class nickel portfolio with five key value drivers For personal use only World class nickel resource, with significant resource potential upside (only 20% of the prospective mapped laterite drilled) Advanced project with strategic locatio
Slide 6: NIC will hold one of the largest nickel resource portfolios globally
NIC will hold one of the largest nickel resource portfolios globally Sampala Project will increase NIC’s total contained nickel metal resources to 5.9 million tonnes For personal use only 3.3% 3.0% Bubble size represents contained nickel metal in million tonnes (Resource 2.7% tonnage multiplied by n
Slide 7: Advanced project in close proximity to the Company's IMIP operations
Advanced project in close proximity to the Company’s IMIP operations Location and progress is key with the Sampala Project For personal use only Sampala Project location in relation to IMIP and BDM haul road • NIC has already acquired 7,192ha of land • Progress towards mine development underway with
Slide 8: Self sufficient and fully integrated nickel operations
Self sufficient and fully integrated nickel operations Sampala Project will ensure NIC becomes fully self sufficient for IMIP operations, providing all stakeholders with For personal use only traceability of nickel ore supply Current NIC IMIP annual processing production and mine supply mix Future N
Slide 9: Attractive acquisition terms, with a delayed payment profile
Attractive acquisition terms, with a delayed payment profile Key acquisition terms for the Sampala Project are set out below For personal use only MJN and ETL IUPs GF IUP • NIC to acquire 60% of the control and economic rights in each of MJN and ETL. • NIC to acquire 60% of the control and economic
Slide 10: Acquisition expected to drive compelling shareholder returns
Acquisition expected to drive compelling shareholder returns Hengjaya Mine is a benchmark for future development of the Sampala Project For personal use only Capex Production EBITDA Hengjaya Mine US$50m 2 13 million wmt 1 ~US$170m 3 Sampala <US$50m Project 1) HM produced 13 million wmt in FY23 and M
Slide 11: Appendix
For personal use only Appendix
Slide 12: Peer comparison information
Peer comparison information Operation Measured (Mt) Indicated (Mt) Inferred (Mt) Resources (Mt) Resources (Ni %) Nickel Metal (Mt) Standard Weda Bay 245 719 541 1,504 1.2% 18.5 JORC For personal use only SCM 11 280 849 1,139 1.2% 13.9 JORC Halmahera na na na 466 1.5% 7.0 Not stated Nusa Karya Arindo
Slide 13: Competent person statement
Competent person statement The information in this presentation that relates to Mineral Resources, the Exploration Target and Exploration Results is based on data compiled For personal use only by Daniel Madre of PT Danmar Explorindo. Mr Madre is a member of the Australian Institute of Mining and Me
Slide 14: For personal use only
Nickel Industries Limited (ASX:NIC) For personal use only For more information, please contact: Justin Werner Managing Director jwerner@nickelindustries.com +61 2 9300 3311 Cameron Peacock Investor Relations and Business Development cpeacock@nickelindustries.com +61 439 908 732 www.nickelindustries.
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