• Revenue up 10% to $263.4m, EBITDA up 4% to $238.1m
• Final dividend of 13 cents per share, total FY25 dividend of 22 cents per share
• Successful acquisition of Trident Royalties, adding 22 new assets to portfolio

Deterra Royalties has reported strong financial results for the 2025 financial year, with revenue up 10% to $263.4 million and EBITDA up 4% to $238.1 million. The company's foundation asset, the iron ore royalty over BHP's Mining Area C (MAC), continued to perform well, with revenue from this asset steady at $219.3 million. Revenue from the gold offtake contracts acquired during the year contributed $21.5 million, and other assets contributed $2.6 million. The Board has declared a final dividend of 13 cents per share, fully franked, bringing the total dividend for FY25 to 22 cents per share, fully franked, representing 75% of net profit after tax. In the five years since its listing in 2020, Deterra has now returned $676 million to shareholders through fully franked dividends. Consistent with its strategy to add value through patient and disciplined investment in high-quality royalty and streaming assets, Deterra successfully completed the acquisition of Trident Royalties in September 2024, adding 22 new royalties and royalty-like assets to its portfolio. The acquisition included a royalty over the Thacker Pass Lithium Project in Nevada, USA, which has the potential to be a long-life, high-quality operation. Since the completion of the Trident acquisition, the newly acquired assets have consistently outperformed Deterra's expectations, with significant de-risking of the Thacker Pass project and a positive Final Investment Decision announced in April 2025.

Deterra Royalties expects to pay a target dividend payout ratio of 75% of net profit after tax going forward.