Nickel Industries Limited (NIC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the Nickel Industries Limited 2025 four-year results. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, please press star one again. For operator assistance throughout the call, please press star zero. And finally, I would like to advise all participants this call is being recorded. Thank you. I'd now like to welcome Justin Werner, Managing Director, to be in the conference. Justin, over to you. Thank you very much. If I could ask the moderator to please turn to page three. Welcome everyone to the Nickel Industries annual results presentation. I'd like to start off firstly with safety. 17.8 million safe man hours worked at significant increase on the man hours worked in 2024 and over 26.1 million man hours have been worked since our last reported LTI back in 2021. So you can see our LTIFR and TRIFR significantly below the world steel average. In terms of ESG, we continue to be a leader in Indonesia. You can see a number of awards there including awards from prestigious companies such as CNBC and improving scores as judged by S&P and other third party groups and the best community award at the global CSR and ESG summit in Vietnam. So the company continues to perform very well on the safety and ESG metrics. If we could just go to slide four, please. Despite a challenging year, which saw the LME price down another 10% versus the 2024 average, we were still able to deliver a robust EBITDA, pleasingly with a number of records set, including record nickel and cobalt tonnes of HNC, record NPI ...