Nickel Industries Limited (NICMF) Q1 2026 Earnings Call Transcript
Nickel Industries Limited reported no lost time injuries during Q1 2026 across its operations, with 4.8 million safe man-hours recorded, though a contractor fatality occurred during construction at the Hengjaya Mine. The company maintained strong safety metrics, including a 12-month TRIFR of 0.45, while advancing development of the ENC HPAL project. Operations at the Hengjaya Mine have largely resumed following an investigation into the incident. The transmission line work remains paused but is expected to restart soon.
- ▪Nickel Industries recorded zero lost time injuries during Q1 2026 across its controlled entities.
- ▪A fatality involving a contractor occurred during construction of transmission lines at the Hengjaya Mine.
- ▪The company reported 17.7 million man-hours worked without lost time injuries over the past 12 months.
- ▪All Hengjaya Mine operations have resumed except for the transmission line work, pending restart.
- ▪The company's 12-month TRIFR as of March 31, 2026, was 0.45.
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