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Nickel Industries Limited (NICMF) Q1 2026 Earnings Call Transcript
SA Transcripts · 2026-04-29 · via All Articles on Seeking Alpha

Nickel Industries Limited (NICMF) Q1 2026 Earnings Call April 28, 2026 9:00 PM EDT

Company Participants

Justin Werner - MD & Director
Christopher Shepherd - CFO & Executive Director

Conference Call Participants

Richard Knights - Barrenjoey Markets Pty Limited, Research Division
Austin Yun - Macquarie Research
David Coates - Bell Potter Securities Limited, Research Division
Mitch Ryan - Jefferies LLC, Research Division
Jit Ming Tan
Donavan Tan
Aman Aggarwal - JPMorgan Chase & Co, Research Division
Bharat Shettigar - Standard Chartered PLC, Research Division
Cindy Huang

Presentation

Operator

Thank you for standing by, and welcome to the Nickel Industries Limited March Quarter Activities webcast.

[Operator Instructions]

I would now like to hand the conference over to Mr. Justin Werner, Managing Director. Please go ahead.

Justin Werner
MD & Director

Thank you. Thanks everyone for joining me, Nickel Industries' March quarterly results call. If I could ask the moderator just to move to slide 2, please. Kick off with safety and sustainability. Company-wide 12-month lost time injury frequency rate across Nic controlled entities was 0 with no lost time injuries recorded during the quarter against 4.8 million safe man-hours worked. For the 12 months to 31 March, the 17.7 million man-hours worked without any LTIs. Company-wide TRIFR at the end of March was 0.45. We were sad in the report that there was unfortunately a fatality involving a contractor engaged by PT Fajar Metal Industry, who's building the ENC HPAL.

It occurred on the construction of the transmission lines between the ENC plant and the slurry plant and dry stack tailings facility, which is being built on the company's Hengjaya Mine. Full support has been offered to the victim's family. Following a comprehensive investigation by the relevant authorities, all activities have recommenced within the Hengjaya Mine operations, except for work on the transmission lines, and we expect work to recommence there shortly. In other sustainability