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Published quarterly, in full

Production, costs, reserves and ESG results. The sample reports below are real PDFs with the same illustrative figures as this site.

Reports and presentations Price sensitivity tool

FY2025 results

The year at a glance

119 kt
Copper production
188 koz
Gold production
400 kt
Spodumene concentrate
9,160
People across the group
Development pipeline capital cost — US$m
View development pipeline capital cost — us$m as a table
Period US$m
Wilga Creek Stage 2 US$310m
Salar del Halcón US$520m
Cerro del Viento UG US$640m

Library

Reports and presentations

Reports

Presentations

Dividend policy

The board targets a dividend payout of 30–40% of free cash flow across the cycle, reviewed at the half-year and full-year results. Interim dividend of US¢ 4.20 per share declared with the FY2026 half-year results, paid in April 2027.

Calendar

Reporting dates

DateEventType
14 October 2026 Q3 2026 production report Production
20 January 2027 Q4 and FY2026 production report Production
25 February 2027 FY2026 results announcement and webcast Results
10 March 2027 Ex-dividend date, interim dividend Dividend
24 March 2027 Annual general meeting, London Meeting
24 March 2027 Investor day 2027 Presentation

Tool

Commodity price sensitivity

The calculator recomputes revenue and margin per operation from FY2025 production and AISC as you move the price sliders. The formula is printed below the tool.

Commodity prices

Group revenue

US$2,116m

Group margin

US$980m

Margin %

46%
Revenue and margin by operation at FY2025 production levels.
Operation Revenue Margin Margin %
Cerro del Viento Copper · AISC 2.1 $/lb US$1,090m US$538m 49%
Ruvuma Gold Gold · AISC 1,390 $/oz US$447m US$186m 42%
Wilga Creek Lithium · AISC 810 $/t SC6 US$579m US$256m 44%
Matawara Copper · AISC 2.35 $/lb US$0m US$0m —

Revenue = FY2025 production × price. Margin = revenue − production × AISC. A single-commodity simplification: by-product credits and treatment charges are excluded. Figures are illustrative sample data.

Latest: Q2 2026 production report — Copper output rose 1% quarter on quarter at Cerro del Viento, Lufwanyama ramped to 5,800 t of cathode, and Wilga Creek delivered a record 109,600 t of spodumene concentrate.

All announcements