June 2026 Quarterly Report

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Stock Sandfire Resources Ltd (SFR.ASX)
Release Time 23 Jul 2026, 8:29 a.m.
Price Sensitive Yes
 Sandfire Resources Ltd June 2026 Quarterly Report
Key Points
  • Group Copper Equivalent production increased by 38% in Q4 FY26 to 47.6kt
  • Motheo operation saw a 65% increase in CuEq production to 21.1kt in Q4 FY26
  • Record financial outcomes with Group sales revenue of $574M and Underlying EBITDA of $343M
  • Net cash balance increased by $277M to $353M at 30 June 2026
  • Expect Group CuEq production of between 150kt and 166kt in FY27
Full Summary

Sandfire Resources Ltd's June 2026 Quarterly Report highlights a 38% increase in Group Copper Equivalent (CuEq) production to 47.6kt in Q4 FY26, finishing the year with annual production of 154.2kt within the guidance range. Motheo operation saw a 65% increase in CuEq production to 21.1kt in Q4 FY26, with an annual production of 59.7kt. MATSA achieved a 22% increase in CuEq production to 26.5kt in Q4 FY26, with annual production of 94.5kt. The company reported record financial outcomes with Group sales revenue of $574M, Underlying EBITDA of $343M, and an increase in net cash by $277M to $353M. The company expects to deliver Group CuEq production of between 150kt and 166kt in FY27.

Guidance

Sandfire expects Group CuEq production of between 150kt and 166kt in FY27

Outlook

Sandfire Resources Ltd expects to deliver Group copper equivalent production of between 150kt and 166kt in FY27, with only incremental increases in Underlying Operating Unit Costs at both MATSA and Motheo.