FY25 Results Summary and Final Dividend Declared
Stock | Red Hill Minerals Ltd (RHI.ASX) |
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Release Time | 18 Sep 2025, 2:45 p.m. |
Price Sensitive | Yes |
Red Hill Minerals Declares FY25 Final Dividend
- Profitable financial year with total income of $16.04 million
- Profit after tax of $9.13 million
- Net cash position increased by $42.07 million
- Payment of three fully franked dividends totalling $117.35 million
Red Hill Minerals Ltd has reported a profitable financial year for FY25, with total income of $16.04 million, including $11.88 million in royalty revenue. The company recorded a profit after tax of $9.13 million and saw its net cash position increase by $42.07 million. The Board has declared a final FY25 dividend of 6.5 cents per ordinary share, fully franked. This brings the total dividends paid during the year to $117.35 million. The backbone of Red Hill's financial performance was the Onslow Iron Project (0.75% FOB) royalty. As production at the Onslow Iron Project ramped up towards nameplate capacity of 35 Mtpa, the company's royalty revenue increased. Red Hill anticipates that production for the full FY26 year will be at nameplate capacity and that royalty income from the Onslow Iron Project for FY26 is anticipated to be around A$28.7 million, based on current commodity prices and exchange rates. The company's Executive Chairman, Joshua Pitt, stated that 2025 has been a good year for the company, allowing it to broaden its royalty base and diversify its exploration portfolio.
Royalty income from the Onslow Iron Project for FY26 is anticipated to be around A$28.7 million, based on current commodity prices and exchange rates.