Nickel Industries Limited · ASX:NIC
Nickel Industries — FY2022 Earnings Presentation
13 slides from Nickel Industries's earnings presentation, Feb 28, 2023
Slide 1: 2022 Full Year Results Presentation
For personal use only 2022 FULL YEAR RESULTS PRESENTATION February 2023 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: Full year 2022 highlights
Full year 2022 highlights 2 For personal use only ▪ Record Group EBITDA - US$339.2M ▪ Record Ni production - 70,079 tonnes ▪ Record Mine production - 6.79M wmt ▪ Record Gross profit - US$293.8M ▪ Record attributable Ni production - 55,993 tonnes ▪ Record Mine EBITDA - US$53.9M ▪ Record Operating pro
Slide 4: Financial snapshot – an excellent full year result across both RKEF and mining operations
Financial snapshot – an excellent full year result across both RKEF and mining operations ▪ Record FY2022 financial performance underpinned by: All figures in US$M FY 2022 FY 2021 For personal use only – consistent production from existing Hengjaya Nickel and Ranger Nickel RKEF lines (~39.4kt) RKEF
Slide 5: Maintenance of robust balance sheet with significant flexibility for the future
Maintenance of robust balance sheet with significant flexibility for the future ▪ Another strong operating performance has underpinned the For personal use only All figures in US$M 31 December 2022 31 December 2021 maintenance of a robust balance sheet ▪ In August, the Company successfully completed
Slide 6: RKEF operations – industrial style consistency across a growing production base
RKEF operations – industrial style consistency across a growing production base EBITDA figures in US$M ▪ Consistent production from both Hengjaya Nickel and Ranger FY 2022 FY 2021 Nickel of ~20,000 tonnes For personal use only EBITDA margins in US$/t – Hengjaya Nickel tonnes were slightly lower than
Slide 7: Ramping up production across our RKEF portfolio
Ramping up production across our RKEF portfolio Consistent, industrial style cost base with production set to materially increase over the next 12 months as ONI commissions For personal use only RKEF production March Qtr June Qtr September Qtr December Qtr FY 2022 NPI production tonnes 81,599 114,10
Slide 8: Another record year of production at Hengjaya Mine
Another record year of production at Hengjaya Mine Production summary Mar’22 Jun’22 Sep’22 Dec’22 YTD 2022 For personal use only Saprolite mined wmt 810,324 792,630 599,790 687,831 2,890,575 Limonite mined wmt 263,201 520,862 1,098,186 2,020,027 3,902,276 Nickel ore mined wmt 1,073,525 1,313,492 1,6
Slide 9: Hengjaya Mine – Green PROPER rating
Hengjaya Mine – Green PROPER rating ▪ In November 2022 Hengjaya Mine was awarded a “Green PROPER” For personal use only rating by the Indonesian Ministry of Environment and Forestry ▪ Hengjaya Mine was the only mine in Central Sulawesi to achieve this status and one of only two in Indonesia (along w
Slide 10: Hengjaya Mine – a global top nickel resource
Hengjaya Mine – a global top 10 nickel resource Global contained nickel resources and grade For personal use only 20.0 3.50% 18.5 3.18% 18.0 3.00% 16.0 2.60% 2.47% 13.9 2.39% Contained Ni Resources (Mt) 2.50% Ni Grade (%) 14.0 1.94% 1.99% 12.0 1.85% 1.81% 1.76% 2.00% 1.70% 1.70% 1.65% 10.0 9.5 1.53%
Slide 11: 2022 Highlights
2022 Highlights March Qtr June Qtr September Qtr December Qtr For personal use only ▪ Completion of US$212M capital ▪ Change of Company name from ▪ Binding term sheet signed with ▪ Hengjaya Nickel switches production raising to fund acquisition of Nickel Mines Limited to Nickel PT Sumber Energi Sury
Slide 12: Electric Vehicle Battery Supply Chain Strategic Framework Agreement
Electric Vehicle Battery Supply Chain Strategic Framework Agreement Transformational transaction to increase battery materials exposure For personal use only ▪ Multi-faceted Electric Vehicle Battery Supply Chain Strategic Framework Agreement (‘Strategic Agreement’) with Shanghai Decent ▪ Binding agr
Slide 13: Thank You
For personal use only THANK YOU Justin Werner Cameron Peacock Managing Director Investor Relations and Business Development jwerner@nickelindustries.com cpeacock@nickelindustries.com 12