Nickel Industries Limited

Good day and welcome to the Nickel Industries Limited March quarter results webcast. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number 1 on your telephone keypad. If you would like to withdraw your question, please press star 1 again. For operator assistance throughout the call, please press star zero. And finally, I would like to advise all participants that this call is being recorded. Thank you. I'd now like to welcome Justin Werner, Managing Director, to begin the conference. Justin, over to you.

Thank you and thank you everyone for your attendance this morning at the Nickel Industries March quarter results call for 2023. If I could please ask the slide presenter to move to page two. of the quarterly results presentation. We are again very pleased to announce another record quarter for both production and EBITDA. This is against the backdrop of many companies which are across the resources and battery minerals sector which are reporting soft results and numerous production misses. Pleasingly we achieved over US$100 million in EBITDA from our RKEF operations for the first time. We had record nickel metal production of 26,665 tonnes which is 15.6% higher than the December quarter. Oricle nickel ramp-up is progressing very well and I'll touch on that a little bit later on but we expect oracle nickel to continue to drive record production and more importantly significant increases into our

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