)
Visual
test
Nickel Industries
Nickel Industries (NIC) investor relations material
Nickel Industries Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary29 Jan, 2026
Executive summary
Achieved 17.7 million man-hours worked without a lost time injury, with LTIFR at 0.00, reflecting strong safety performance.
Received the Excellence in Sustainability Leadership Indonesia award from CNBC Indonesia for ESG leadership and sustainable nickel development.
Indonesia's largest solar and battery project (262 MW peak, 80 MW battery) reached financial close, supporting renewable power for ENC HPAL.
Sold a 10% stake in the ENC HPAL project for US $240m to Sphere, a KOSDAQ-listed aerospace supplier, marking entry into Western aerospace markets.
ENC HPAL project is nearing commissioning, with ramp-up expected late in Q1 2026.
Financial highlights
Adjusted EBITDA from operations was US $37.3m for the quarter, with strong HPAL contribution but mining losses due to RKAB delay.
RKEF nickel metal production reached 31,561 tonnes, up 1% quarter-over-quarter; Adjusted EBITDA was US $35.0m, down 13% sequentially.
HPAL attributable EBITDA rose 32% to US $17.2m, with production 43% above nameplate capacity.
Mining Adjusted EBITDA loss of US $14.9m, down 146% due to RKAB delay; production dropped 72% and sales fell 69%.
Group Adjusted EBITDA dropped 57% to US $37.3m quarter-on-quarter.
Outlook and guidance
Confident in achieving an $8 million EBITDA for the year, supported by strong January performance and increased RKAB.
ENC HPAL project commissioning and ramp-up expected late in Q1 2026.
Ore sales are expected to exceed 1.4m wmt in January 2026, with operating costs returning to normal.
LME and NPI prices have rallied, supporting a positive outlook for 2026.
Aerospace and aeronautical industries, key targets for ENC cathode, forecast to grow at 8% CAGR to 2030.
RKAB 19M tonne target: What's the risk?
ENC commissioning: What's the production timeline?
Sphere Corp deal: Access to Western aerospace markets
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 5 FebGEVO
Scaling low-carbon fuel production and software, targeting major growth and plant expansion. - 5 FebARES
AUM climbed 29% to $622.5B, with record fundraising, earnings, and a 20% dividend increase. - 5 FebFR
FFO per share rose 11.7% in 2025, with strong leasing and a 12.4% dividend increase. - 5 FebBTU
Centurion Mine launch and strong cash flow position drive higher 2026 met coal volumes and returns. - 5 Feb033780
Record earnings, robust shareholder returns, and global expansion mark 2025; moderate growth targeted for 2026. - 5 FebWST
Integrated PFS system accelerates development, reduces risk, and simplifies compliance. - 5 FebCMS
2025 adjusted EPS up 8%+ to $3.61, 2026 guidance raised, $24B plan drives growth. - 5 FebCHILE
2025 net income reached CLP 1,192,262 million, with strong capital and digital-driven growth ahead. - 5 FebORLY
Record 2025 results with 6% sales and 10% EPS growth, plus strong 2026 outlook. - 5 FebOWL
AUM surpassed $300 billion in 2025 amid record fundraising and double-digit earnings growth.
Nickel Industries
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Nickel Industries Limited is an Australian mining and resources company specializing in the production of nickel pig iron (NPI), a key component in stainless steel manufacturing. The company operates nickel mines and processing facilities primarily in Indonesia, leveraging the country’s rich nickel reserves. Nickel Industries focuses on supplying high-grade nickel products to the global stainless steel market, with a commitment to efficient and sustainable production methods. The company is headquartered in Sydney, Australia, and its shares are listed on the ASX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage