Nickel Industries Ltd (ASX:NIC)
A$ 0.885 -0.015 (-1.67%) Market Cap: 3.80 Bil Enterprise Value: 4.40 Bil PE Ratio: 21.07 PB Ratio: 1.06 GF Score: 64/100

June 2023 Nickel Industries Ltd Activities Report Call Transcript

Jul 31, 2023 / 11:00AM GMT
Release Date Price: A$0.825 (+1.85%)
Operator

Thank you for standing by, and welcome to the Nickel Industries' Limited June 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 this evening. If I could just ask the slide turner to turn to Page 2 of the presentation, please. Nickel Industries, again, pleased to report another record quarter with 32,558 tonnes of nickel metal produced. That was an 18.8% increase from the March quarter. And we look forward to a further production increase coming in over the September quarter through our ONI operations, and I'll talk about that a little bit later on.

In terms of NIC attributable production, that's 25,000 tonnes of that 32,500 tonnes. That puts us on an annualized rate in excess of 100,000 tonnes of nickel metal production on an annualized basis and firmly places us in amongst the top 10 nickel producer. As I've said,

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