EarningsEro Copper reported 4Q24 results and EBITDA of US$59.1mn, missing estimates by 13% and were 12% below Bloomberg consensus.
Guidance ReductionThe company updated its 2025 copper production guidance to 75-85Kt, below the previous 95-105Kt, due to expected ramp-up of Tucumã.
Production Challenges2024 production results were below previous guidance, primarily due to Tucumã's ramp-up challenges, including power disruptions and tailings filtration circuit issues.