Nickel Industries Limited (NIC) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by, and welcome to the NCIL Industries Limited March Quarter Activities Webcast. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number 1 on your telephone keypad. I would now like to hand the conference over to Mr. Justin Werner, Managing Director. Please go ahead. Thank you and thank you everyone for attending the Nuclear Industries March quarter 2025 quarterly activities update. If I could just ask the moderator to move to the next slide please. To kick off with safety and sustainability, 12 months LTIFR remains very low at 0.05. No lost time injuries reported against 4.8 million work hours for the quarter. The TRIFR also remains very low. At the end of March, that was 1.48. We continue to be recognized as an ESG leader. We were awarded our third consecutive green proper rating, and we are striving to be the first company to achieve gold in Indonesia. And we also were pleased to receive an award for outstanding corporate social responsibility in Asia. If we could just go to the next slide, please. As a strong quarter, despite again continuing soft market conditions, US$97.3 million adjusted to the DAF and operations. RKEF production was slightly lower and that was just due to a small halt in operations for a couple of days at ONI. Pardon me, it appears we've lost connection with our speakers. Please hold while we reconnect. Ladies and gentlemen, we've reconnected with our speakers. Justin, you may begin. Apologies, everyone. Phone line dropped out there. So I'll start again. 97.3 million U.S. have adjusted EBITDA from operations from the quarter. RKEF reduction, slightly lower, as I mentioned,...