• All-time production record of 14.0Mt, delivered safely amid challenging operating conditions
• Resilient financial performance, with positive Underlying EBITDA margins and free cash flow
• Continued strong balance sheet, with negligible net debt and robust liquidity

Stanmore Resources Ltd reported its 2025 full year financial results, highlighting an all-time production record of 14.0Mt, delivered safely amid challenging operating conditions. The company's consolidated portfolio performance saw sequential growth in production capacity, with the acquisition of South Walker Creek and Poitrel assets in 2022 contributing to the record output. Safety performance remained below the industry average, reflecting a strong safety culture and effective risk mitigation. Financially, Stanmore delivered a resilient performance, with positive Underlying EBITDA margins and free cash flow, despite softer market conditions compared to the prior year. The company's balance sheet remained robust, with a negligible net debt position and strong liquidity, supporting ongoing shareholder returns. Capital expenditure has returned to steady-state levels following a period of elevated reinvestment, enabling the company to increase the proportion of dividends as part of its capital allocation strategy. Looking ahead, Stanmore's guidance for 2026 includes a focus on margin maximization at South Walker Creek, productivity and efficiency improvements at Poitrel, and value preservation at the Isaac Downs mine as it approaches the end of its economic life.

Saleable production guidance for 2026 is 12.8 - 13.4Mt, with FOB cash costs expected to be in the range of US$93 - US$97 per tonne and capital expenditure of US$85 - US$95 million.

Stanmore is focused on margin maximization at South Walker Creek, with plans to accelerate access to low-strip ratio coal reserves. At Poitrel, the company will continue to prioritize productivity and efficiency improvements, while at Isaac Downs, the focus will shift to value preservation as the mine approaches the end of its economic life.