December 2023 Nickel Industries Ltd Activities Report Call Transcript
Thank you for standing by, and welcome to the Nickel Industries Limited December Activities Results Call. (Operator Instructions) I would now like to hand the conference over to Mr. Justin Werner, Managing Director, please go ahead.
Thank you very much. And before I welcome everyone, could I please ask the slide operator to move to page 2 of the presentation. Welcome everyone to the Nickel Industries December quarter results. We're very pleased once again to report a record group EBITDA from operations of USD135.4 million, which underpins an announced increased full year dividend and share buyback.
Despite the backdrop of very weak nickel prices, particularly over the second half of 2023, our unaudited second half EBITDA is USD256 million versus our first half, which was USD169 million. And so I think we're just really showing with the ramp-up of our operations, maintaining our position at the bottom end of the cost curve, and a ramp-up in the Hengjaya Mine with really
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