Strong Safety and Sustainability Performance
Achieved an LTIFR of 0.05 with no lost time injuries over 4.6 million work hours for the quarter. Released the 2024 sustainability report and established the Nickel Industries Foundation and a biodiversity area.
Record Ore Sales from Hengjaya Mine
Achieved record ore sales of over 3 million wet metric tonnes with a 33% increase in EBITDA to USD 41.4 million, and EBITDA per tonne margin rose by 25%.
HNC Production Exceeds Expectations
Produced 2,075 tonnes of nickel from HPAL operations, operating 38% above nameplate capacity, and achieved a strong EBITDA margin of over USD 6,000 per tonne.
Positive Outlook for Sampala Project
Sampala project progressing well with 16 drill rigs on site and over 1,000 holes completed in the quarter. Targeting an exploration resource of over 1 billion wet metric tonnes of ore.