Metro Mining Limited (MMILF) Q4 2025 Earnings Call Transcript

SA Transcripts158.67K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Metro Mining Limited (MMILF) Q4 2025 Earnings Call February 26, 2026 10:00 PM EST Company Participants Simon Wensley - CEO, MD & DirectorNathan Quinlin - Chief Financial Officer Conference Call Participants Peter Taylor - NWR Communications Pty Ltd Presentation Peter TaylorNWR Communications Pty Ltd Welcome, everybody, and thank you for joining us today. I have the CEO, Simon Wensley; and the CFO, Mr. Nathan Quinlin, to talk us through the 2025 financial results. And I see the market looks pretty happy about those today already. So, I'm going to hand over to Simon, and we'll have a Q&A session at the end. Thank you, Simon. Simon WensleyCEO, MD & Director Great. Thanks, Peter. Good afternoon, everyone. Thanks for joining. Really appreciate your support. Yes, look, the really solid set of results for 2025. We really were looking to make a step forward from our implementation of our expansion through 2024. Look, we did that with a 9% increase in production. And I guess that underpinned a lot of what happened from a physical point of view. I might just pull up and share the announcement so people can sort of -- if you haven't had a chance to look at it, it's -- I can sort of cover that off as we go. So hopefully, you can see that. Yes. So as I said, look, the production was an excellent underpinning growth year-on-year. And that, of course, underpinned significant revenue growth as well. We had a reasonably robust market through 2025, and that was largely -- we knew that was coming. It was -- the market was getting tighter and tighter through '23 and '24, and we absolutely were getting the expansion funded and implemented in time for what we could see was going to be a firm price environment. So, we were able to take advantage of that and margins over $30 a tonne in