Red Hill Minerals (RHI) investor relations material

Executive summary

• Net profit after tax for the half year ended 31 December 2025 was $10.64 million, up from $3.64 million year-over-year.

• Royalty revenue reached $14.89 million, primarily from the Onslow Iron Project, which achieved nameplate capacity of 35Mtpa.

• The company paid a fully franked ordinary dividend of $0.065 per share during the period.

• No lost time injuries were recorded, and there were no significant changes in the state of affairs or subsequent events affecting future operations.

Financial highlights

• Total revenue for the half year was $16.31 million, including $1.3 million in interest income.

• Net assets increased to $93.00 million as of 31 December 2025, up from $86.52 million at 30 June 2025.

• Cash balance at period end was $61.27 million, reflecting strong liquidity.

• Basic earnings per share rose to 16.59 cents from 5.68 cents year-over-year.

• Dividend payment totaled $4.17 million for the half year.

Outlook and guidance

• Ongoing exploration and development activities are planned across key projects, including Broken Hill, Anabama, West Pilbara, and Pannawonica.

• The company expects continued royalty streams from the Onslow Iron Project and other royalty interests.

• Further drilling and geophysical surveys are scheduled, particularly at the Dementus and Anabama targets.