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Metro Mining (MMI) investor relations material
Metro Mining Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record annual shipments of 6.2 million metric tons/WMT, up over 9% year-over-year, meeting the lower end of revised guidance for 2025 despite Q4 shortfalls from weather and operational issues.
Q4 shipments reached just under 2.1 million tons (2.06 million WMT), up 1% YoY, but below plan due to maintenance, weather, and barge loading facility breakdown.
Ended the year with just under AUD 60 million in cash and senior debt reduced to AUD 62 million; unrestricted cash at year-end was A$57.5M.
Legacy fixed-price contracts that negatively impacted Q3 and Q4 pricing are nearly complete, positioning for improved market pricing in 2026; only one vessel remains under this contract.
Executive leadership restructured to enhance supply chain integration and cost efficiency.
Financial highlights
Achieved average CIF price of $8.74 per wet ton and A$73.7/WMT, a 16% increase from Q3; legacy contracts weighed on FOB netback prices, with average FOB revenue at A$49.1/WMT.
Maintained double-digit EBITDA margins despite cost pressures and royalty timing differences; site EBITDA for Q4 was A$12.0M, down from A$17.4M YoY.
Site unit costs increased 11% to A$28.5/WMT due to lower shipping volumes and increased clearing/stripping activity.
Net cash from operating activities for Q4 was A$46.4M.
Secured debt reduced to US$41.5M after US$7.6M in repayments during the quarter.
Outlook and guidance
Full delivery of expanded production volume targeted for 2026, with significant improvement in FOB pricing and margin as legacy contracts roll off.
Mine operations to recommence in mid-March 2026, leveraging economies of scale for cost benefits.
Strategic focus on meeting expansion targets and improving operational reliability through maintenance and channel upgrades.
Board to consider dividend payment at February meeting, reflecting strong cash position and reduced debt.
Mining lease application for Pit 5 expected in Q3 2026 to support long-term expansion.
- TimeTickerHeadlineOpen
- 6 FebWASH
Q4 2025 net income up 48%, adjusted EPS up 41%, AUA $7.8B, dividend yield 7.58%. - 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
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