Significant Increase in EBITDA and Earnings
The company delivered a 44% increase in underlying EBITDA to $1 billion and an increase in underlying earnings of $375 million.
Reduction in Net Debt
Net debt was reduced by $715 million to $47 million, supporting a strong balance sheet focus.
Strong Production Performance
Aluminum production increased by 5% and copper equivalent production increased by 21% at Sierra Gorda.
Approval for Worsley Mine Development
Received primary state and federal environmental approvals for the Worsley mine development project, expected to sustain production to FY '36.
Interim Dividend and Capital Return
Announced a fully franked interim ordinary dividend of $154 million and continuation of capital management program with $171 million to be returned to shareholders.
Progress on Hermosa Zinc-Lead-Silver Project
Investing in future production of critical minerals with construction at the Hermosa project in Arizona and exploration at the Peake deposit.