Increased Production Volumes
ROM production volumes and saleable production volumes were 7% and 18% higher than the first half of 2023.
Strong Financial Performance
Reported $3.14 billion in revenue, $990 million of operating EBITDA at a 32% margin, and $420 million in after-tax profit for the first half of 2024.
Robust Cash Position
Held over $1.5 billion in cash at the end of June, with net cash from operating activities amounting to $851 million.
Cost Management and Operational Efficiency
Per tonne cash operating costs are expected to decrease in the second half due to increased production profile. Implied cash operating margin was $60 per tonne.
Safety and Sustainability Initiatives
Focus on reinvigorating safety programs from 2023 and the introduction of the first sustainability report aligning with international standards.