Nickel Asia Corp. · PSE:NIKL
Nickel Asia — 9M 2024 Earnings Presentation
14 slides from Nickel Asia's earnings presentation, Nov 25, 2024
Slide 1: Nickel Asia Corp. 9M-24 Earnings
NICKEL ASIA CORP. 9M-24 EARNINGS NOVEMBER 25, 2024
Slide 2: Disclaimer
DISCLAIMER This presentation and the information contained herein as well as the materials distributed herewith ("Presentation") are the sole and exclusive property of Nickel Asia Corporation ("NAC") and shall only be used for the purpose intended herein. This Presentation is not intended to provide
Slide 3: DSO Ore Prices rebounded QoQ, driving NAC's performance
DSO Ore Prices rebounded QoQ, driving NAC’s performance 3Q-24 and 2Q-24 Period Comparison
Slide 4: Financial Highlights (9M-24 vs 9M-23)
FINANCIAL HIGHLIGHTS (9M-24 VS 9M-23) 2019 2020 2021 2022 2023 9M2024 9M2023 EBITDA Margin⁽¹⁾ 36% 43% 53% 51% 46% 39% 43% Net Income Margin 21% 26% 39% 38% 24% 22% 27% Ave. Ni LME price per pound (US$) 6.32 6.25 8.39 11.21 9.49 7.75 9.82 Average Price in Ore Exports 23.52 33.99 40.40 39.39 30.59 24.
Slide 5: Shipments and Revenues by Ore Type
SHIPMENTS AND REVENUES BY ORE TYPE Nine-months Period Comparison
Slide 6: Revenue – Variance Analysis
REVENUE – VARIANCE ANALYSIS Nine months Period Comparison
Slide 7: Cost & Expenses – Variance Analysis
COST & EXPENSES – VARIANCE ANALYSIS Nine months Period Comparison
Slide 8: Investment in HPAL Equity Earnings
INVESTMENT IN HPAL EQUITY EARNINGS The weaker YoY Nickel and Cobalt prices persist and continue to result in Equity losses from NAC’s investments in the HPAL operations.
Slide 9: JSI Financial Highlights (9M-23 to 9M-24)
JSI FINANCIAL HIGHLIGHTS (9M-23 TO 9M-24) Source: Company Data
Slide 10: The New Mines & RE Pipeline
THE NEW MINES & RE PIPELINE
Slide 11: The New Mines
THE NEW MINES Total Resources as of 12/31/2022 Saprolite resources Limonite Resources Target Annual Production Target Start Date 129 M WMT @ 1.12% Ni 41M WMT @ 1.35% Ni 56 M WMT @1.38% Ni 20 WMT @ 1.54% Ni 43 M WMT @1.59% Ni 25 M WMT @ 1.77% Ni 88 WMT @ 1.02% Ni 2.5M WMT 2022 36 WMT @ 1.30% Ni 2M WM
Slide 12: Solar Assets in Operations or Under Construction in 2024
SOLAR ASSETS IN OPERATIONS OR UNDER CONSTRUCTION IN 2024
Slide 13: Solar Assets for Construction
SOLAR ASSETS FOR CONSTRUCTION
Slide 14: Thank You
THANK YOU