Metals Acquisition Corp. Class A ( (MTAL) ) has released its Q2 earnings. Here is a breakdown of the information Metals Acquisition Corp. Class A presented to its investors.
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MAC Copper Limited, a company focused on operating and acquiring metals and mining businesses in stable jurisdictions, has released its June 2025 quarterly report showcasing significant improvements in production and cost efficiency.
The company reported a strong quarterly production of 10,587 tonnes of copper, marking a 23% increase quarter-on-quarter, with a notable improvement in safety performance as the Total Recordable Injury Frequency Rate (TRIFR) reduced to 6.9. The company’s operational free cash flow reached a record US$42 million, reflecting a 71% increase from the previous quarter.
Key financial highlights include a decrease in C1 cash costs to US$1.48/lb, a 23% reduction, and total cash costs of US$2.17/lb, down 12%. The company maintained its copper production guidance for 2025 between 43,000 to 48,000 tonnes and is targeting over 50,000 tonnes per annum by 2026, supported by ongoing projects like the Merrin Mine and Capital Vent project.
Looking forward, MAC Copper Limited is optimistic about its growth trajectory, with plans to enhance production capacity and maintain cost efficiency. The management remains focused on executing its strategic initiatives while ensuring operational safety and environmental sustainability.