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Admiralty Resources NL ( (AU:ADY) ) has issued an update.
Admiralty Resources reported continued ramp-up of production at its Mariposa Iron Ore Project in Chile for the December 2025 quarter, lifting total mined ore to 118,301 tonnes and concentrate output to 45,680 tonnes, both higher than the prior quarter, at an average grade of 65% iron. The company strengthened commercialisation of Mariposa by signing an international marketing and purchase contract with commodity trader Trafigura, covering three shipments of 150,000 wet metric tonnes of concentrate priced against a major 65% Fe index, and subsequently achieved its first export shipment from Las Losas Port to China, marking a key operational milestone that establishes the port as its ongoing export hub and underpins the transition from trial to sustainable production and revenue generation.
More about Admiralty Resources NL
Admiralty Resources NL is an Australian-listed resources company focused on developing and producing iron ore, with its flagship Mariposa Iron Ore Project located in Chile. The company’s operations centre on mining and processing high-grade iron ore concentrate, targeting international steel markets, particularly in Asia, through export-oriented logistics and marketing arrangements.
Average Trading Volume: 397,200
Technical Sentiment Signal: Sell
Current Market Cap: A$15.78M
For a thorough assessment of ADY stock, go to TipRanks’ Stock Analysis page.