Xavantina Gold Concentrate Sales Initiative
Ero Copper announced a maiden inferred resource at Xavantina of 24,000 tonnes grading 37 grams per tonne, containing 29,000 ounces of gold. The company expects to sell between 10,000 and 15,000 tonnes of concentrate in Q4 2025, significantly accelerating the deleveraging of the business.
Record Monthly Production in October
All operations achieved all-time historic monthly records in October 2025, with Caraíba achieving a record mine tonnage and Xavantina producing nearly 7,000 ounces of gold, excluding new concentrate sales.
Tucumã Production Growth
Tucumã showed a new monthly record in October with approximately 3,300 tonnes of copper produced, following a sequential quarterly growth of nearly 20%.
Financial Performance and Deleveraging
Revenue increased to $177 million in Q3, with adjusted EBITDA at $77.1 million. The company continued to deleverage, reducing the net debt leverage ratio from 2.1x in Q2 to 1.9x in Q3.