Nickel 28 Capital Corp. reported unaudited production results for the second quarter and half year ending June 30, 2023. For the quarter, the company reported Ore Processed (dry kt) of 852 dry kt compared to 810 dry kt same period a year ago. MHP Produced (dry tonne) was 19,470 compared to 20,402 same period a year ago. Contained Nickel (tonne) of 7,784 compared to 8,128 same period a year ago. Contained Cobalt (tonne) was 717 compared to 695 same period a year ago. Nickel Capacity Utilization was 96% compared to 100% same period a year ago.

For the half year, the company reported Ore Processed (dry kt) of 1,780 dry kt compared to 1,763 dry kt same period a year ago. MHP Produced (dry tonne) was 42,092 compared to 42,631 same period a year ago. Contained Nickel (tonne) of 16,800 compared to 16,884 same period a year ago. Contained Cobalt (tonne) was 1,514 compared to 1,525 same period a year ago. Nickel Capacity Utilization was 103% compared to 104% same period a year ago.