Nickel Industries Limited (NICMF) Q2 2025 Earnings Call Transcript


Nickel Industries Limited (OTCPK:NICMF) Q2 2025 Earnings Conference Call August 27, 2025 9:00 PM ET

Company Participants

Christopher Leslie Shepherd – CFO & Executive Director
Justin Charles Werner – MD & Director

Conference Call Participants

Adam Baker – Macquarie Research
David Coates – Bell Potter Securities Limited, Research Division
Jack Whelan – Citigroup Inc., Research Division

Operator

Thank you for standing by, and welcome to the Nickel Industries Limited 2025 Half Year Results. [Operator Instructions] I would now like to hand the conference over to Mr. Justin Werner, Managing Director.

Justin Charles Werner

Thank you, and thank you, everyone, for your attendance at the Nickel Industries’ 2025 half year results presentation. If I could just ask the moderator to move to the next slide, please.

We continue to play a leading role in responsible and sustaining — sustainable mining at the Hengjaya Mine over 22.6 million work hours have been registered since our last LTI, which was over 5 years ago in November of 2021.

Cross group operations 12-month lost time injury frequency rates, LTFR (sic) [ LTIFR ] at the end of June was 0.05, no lost time injuries, and that was against 4.6 million man hours worked. For the 12 months to 30 June 2025, there were 18.6 million work hours registered with just 1, a single LTI occurring.

On the sustainability front, continued strong progress continues to be made. The establishment of the Nickel Industries foundation, which allows us to get even more embedded in Indonesia in social and economic development projects. And these projects are focused on education, health, environment and economic empowerment. We took a maiden intake for our first 10 University scholarship recipients and they’re performing very well at the university and achieving excellent results.

And finally, we established 1 of only in Indonesia for



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