Nickel Industries Ltd (FRA:NM5)
€ 0.454 -0.018 (-3.81%) Market Cap: 2.20 Bil Enterprise Value: 2.27 Bil PE Ratio: 15.28 PB Ratio: 0.98 GF Score: 61/100

September 2023 Nickel Industries Ltd Activities Report Call Transcript

Oct 31, 2023 / 10:00AM GMT
Operator

Thank you for standing by, and welcome to the Nickel Industries Limited September quarter activities webcast.

(Operator Instructions) I would now like to hand the conference over to Mr. Justin Werner, Managing Director. Please go ahead.

Justin Charles Werner
Nickel Industries Limited - MD & Director

Thank you. And thank you, everyone, for your attendance at this quarterly results call. Once again, pleased to report record production and -- which underpinned record EBITDA from operations of USD 120.7 million. We're now seeing the full impact of a fully ramped up Oracle Nickel as well as a significant decrease in operating costs.

We're also pleased to have our first contribution from the HNC HPAL, and that delivered 1,410 tonnes of nickel in mixed hydroxide precipitate for just the 2 months that we hold that we held that 10% interest. That implies an annualized run rate of in excess of 70,000 tonnes from the HNC HPAL, so it's performing very well.

Those numbers, the RKEF EBITDA of USD 97.6 million, was 117% higher than the June

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot