September 2023 Nickel Industries Ltd Activities Report Call Transcript
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.
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
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