Nickel Industries Limited (ASX: NIC) unveiled its June 2023 Quarterly Activities Report, revealing a series of impressive milestones. Notably, the company achieved a record-breaking RKEF quarterly production of 32,558 tonnes of nickel metal (100% basis), while sales reached an impressive 31,817 tonnes. However, the RKEF quarterly EBITDA experienced a decline, totalling US$43.9 million (100% basis), impacting the EBITDA margin.
On the mining front, the Hengjaya Mine achieved a record nickel ore production of 2,722,561 wmt, further strengthening its position in the industry. On the corporate side, Nickel Industries successfully issued US$400 million senior unsecured notes and established a Conditional Share Placement and Collaboration Agreement with United Tractors, showcasing strategic initiatives to propel growth. In recognition of its accomplishments and robust financial standing, the company declared an interim dividend of AU$0.02 per share.
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