Nickel Industries Limited · ASX:NIC
Nickel Industries — Nickel Mines — Shareholder Meeting (November 2018)
24 slides from Nickel Industries's shareholder meeting presentation, Nov 27, 2018
Slide 1: Annual General Meeting November 2018
NICKEL AUSTRALIA’S NEWEST LISTED.NIGKEL COMPANY MINES LIMITER ANNUAL GENERAL MEETING ihc NOVEMBER 2018 os
Slide 2: Disclaimer
NICKEL DISCLAIMER MINES LIMITED This presentation has been prepared by Nickel Mines 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
Slide 3: Welcome to our friend and partner — Shanghai Decent
NICKEL WELCOME TO OUR FRIEND AND PARTNER — SHANGHAI DECENT a — IE: A Partnership Underpinned by Trust, Respect and Friendship
Slide 4: Executive Summary
EXECUTIVE SUMMARY NICKEL AUSTRALIA’S NEWEST LISTED NICKEL COMPANY vests Nickel Mines Limited NIC holds an 80% interest 2 Line RKEF Plant 2 Line RKEF Plant (NIC) is an Australian in PT Hengjaya Mineralindo - . F 5 company publicly listed (PTHM) which holds 100% ~16.5Kt attributable nickel ~16.5Kt att
Slide 5: 54.0% 13.7% 11.6% 9.9% 10.8% ▪ ▪ ▪ ▪ ▪ ▪ ▪
54.0% 13.7% 11.6% 9.9% 10.8% ▪ ▪ ▪ ▪ ▪ ▪ ▪ 5
Slide 6: Overview of Hengjaya Mine
OVERVIEW OF HENGJAYA MINE as, MOROWALI REGENCY LOCATION = Morowali Regency, Central Sulawesi, Indonesia. = Alarge tonnage, high grade, open-cut mine in close proximity to IMIP. 8 LICENCE ) = UP licence covering 6,249 hectares. * 20 year mining operation/ x production licence with a further 2 x 10 ye
Slide 7: Hengjaya Mine Expansion Plans
HENGJAYA MINE EXPANSION PLANS ity K Wu PLAN, IPPKH PHASE 1 IPPKH PHASE 2 LITHOLOGY ULTRAMAFIC ROCK LEGEND ZZ MINE ROAD PTHM TOPO LINDAR (5M) HAUL RD PROPOSED APL-BB PROVINCIAL RD 9675000 = 09000 = 12000 15000 18000 21000 = aay RES [ak dees Sar meee 7 IPPKH PHASE 1 (65122 ec7an®) mG Xx <i Be KE x soe
Slide 8: Environment & Community
ENVIRONMENT & COMMUNITY NICKEL MINES LIMITED ENVIRONMENT Strong commitment to managing our environmental footprint. Active nursery program in place. Ongoing work on contouring and rehabilitating previously mined production areas. COMMUNITY Recent Palu earthquake and tsunami saw NIC and Shanghai Dece
Slide 9: Improving outlook for stainless steel and battery market
Underpinned by an improving outlook for stainless steel and an exponentially increasing battery market for Electric Vehicles, nickel demand is expected to grow by 2- 3% pa over the medium to longer term. With supply not forecast to keep pace with demand, the nickel market returned to deficit in 2016
Slide 10: Improving outlook for stainless steel and battery market
Underpinned by an improving outlook for stainless steel and an exponentially increasing battery market for Electric Vehicles, nickel demand is expected to grow by 2- 3% pa over the medium to longer term. With supply not forecast to keep pace with demand, the nickel market returned to deficit in 2016
Slide 11: Supported by World Class Facilities & Infrastructure
SUPPORTED BY WORLD CLASS FACILITIES & INFRASTRUCTURE
Slide 12: 2018 Nickel Mines Limited Month Review
2018 NICKEI 12 MONTH REVIEW MINES LIMITED, January US$77M Pre-IPO November funding round. Collaboration Shanghai Decent June September Agreement and Shanghai MOU signed Increased interest signed for RNI. Wanlu become to acquire in HNI to 60% for Secured initial | NIC shareholders interest in RNI US$
Slide 13: Successfully completed $200M IPO
NICKEL Successfully completed a $200M Initial Public Offering (IPO). Official admission to the ASX. One of the largest resource IPOs in Australia over the last decade. Strong global institutional support. Geographically diverse shareholder base. Healthy diversity of investment mandates — specialist
Slide 14: Collaboration and Subscription Agreement with Shanghai Decent
Formalised with signing of a Collaboration and Subscription Agreement (‘CSA) in September 2017. Initial 25% interest acquired in April 2018 (Pre-IPO funding round). Interest increased to 60% in September 2018 following IPO. Option to move to 100% within 12 months of first NPI production. Capital gua
Slide 15: Hengjaya Nickel 'HNI' Construction Update
HENGJAYA NICKEL ‘HNI’ CONSTRUCTION UPDATE NICKEL MINES LIMITED Foundation work and support structures for the rotary kilns and electric furnace are complete. Material capital equipment components including the rotary kilns and electric furnaces have all been fabricated and are progressively being sh
Slide 16: 16
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Slide 17: Nickel Mines Limited
NICKEL MINES LIMITED
Slide 18: Indonesian tax concessions granted to HNI
NICKEI MINES LI By official decree of the Minister of Finance of the Republic of Indonesia material tax concessions have been granted to HNI = 100% Corporate Income Tax Reduction for 7 years commencing from the year of commercial production. = Plus an additional 2 Years Corporate Income Tax Reductio
Slide 19: Ranger Nickel acquisition and options
NICKEL MINES LIMITED MOU for additional 2 RKEF Lines signed in June 2018. Formalised with signing of a Collaboration Agreement (‘CA’) in October 2017. Initial 17% interest acquired November 2018 for US$50M. ‘Second Acquisition Option’ to increase ownership to 51%-60%. < 60 days of first NPI producti
Slide 20: Ranger Nickel ('RNI') Construction Update
RANGER NICKEL (‘RNI’) NICKEL CONSTRUCTION UPDATE MINES LIMITED All component equipment will be shipped to IMIP by end of December 2018. RNI targeted to come on line 3 months after HNI. Targeting first NPI production during September Qtr 2019. Commissioning targeting 80% capacity 6-8 weeks from first
Slide 21: Investment Highlights
INVESTMENT HIGHLIGHTS WORLD CLASS NICKEL RESOURCE JORC compliant resource of 37.5M dint at 1.81% nickel (~680kt contained Ni) with significant extension potential. Ability to supply RKEF plant for 30+ years (at 1.5M wmt pa). Adjacent to Tsingshan’s IMIP. STRATEGIC PARTNERSHIP WITH GLOBAL INDUSTRY LE
Slide 22: A Compelling Nickel Investment Thesis
A COMPELLING NICKEL NICKEL INVESTMENT THESIS MINES LIMITED Indonesia is now the epicentre of global nickel supply growth = If you want nickel exposure you need to be invested in this region. NPI is the now the most prevalent source of new nickel supply. = While NPI is currently predominantly consume
Slide 23: Statement of Nickel Compliance
STATEMENT OF NICKET COMPLIANCE The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by the staff and contractors of Nickel Mines Limited and its subsidiaries and approved by Mr Brett Gunter, a Member of the Australasian Institute o
Slide 24: “ Peter Wei le
“ Peter Wei le 73 Directoumicy Manca Pres