Metro Mining

At the Noosa Mining Conference Metro Mining outlined a scalable business model with strong production growth: from ~2 million tonnes in 2021 to 6.2 million tonnes recently, targeting 6.6–7.1 million tonnes for 2026 and more than 7 million tonnes in H2. Plant costs are around A$30/tonne, adjusted EBITDA has nearly doubled, and cash on hand was recently roughly equal to debt; senior liabilities are expected to fall to ~A$20 million by year-end. About 80% of freight costs are hedged for 2024–2026, and US$75 million was hedged at A$0.65; key risks remain logistics and freight costs from Guinea. Metro Mining plans distributions of up to 20% of free cash flow, a potential 5% share buyback and further exploration to expand resources. » Altro su de.investing.com

Metro Mining reported 2.1 million tonnes shipped in Q4 and 6.2 million tonnes for the full year, maintaining double-digit EBITDA margins. Cash and equivalents amounted to around 60 million AUD, with senior liabilities of about 62 million AUD. The company plans to transition from legacy fixed-price contracts to market pricing in 2026, is focusing on exploration and operational improvements at Skardon River, and remains open to M&A opportunities. It has hedges of $165 million at a rate of 0.64 AUD; Q2 positions are ~100% covered and Q3–Q4 ~50% covered, and a dividend review is under discussion. » Altro su de.investing.com

Metro Mining reports robust double-digit EBITDA margins for Q4 2025, shipped 2.1 million tonnes in the quarter and reached 6.2 million tonnes for the year. Liquidity stands at around AUD 60 million; senior debt was reduced to AUD 62 million. Management highlights cost advantages, is assessing technologies, M&A options and a channel widening; dividend payments will be considered at a board meeting. Remaining risks include bauxite price volatility and operational maintenance issues at the loading facility. » Altro su de.investing.com