Quarterly Activities Report

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Stock Develop Global Ltd (DVP.ASX)
Release Time 28 Jul 2026, 8:27 a.m.
Price Sensitive Yes
 Develop Global Ltd Q2 2026 Performance and Future Outlook
Key Points
  • Record revenue of A$147 million, a 108% increase from the previous quarter
  • Significant production increases at Woodlawn copper-zinc mine
  • Final Investment Decisions on Yitirrti and Pioneer Dome projects
  • Secured A$570 million debt facility and warrant package with Trafigura
Full Summary

Develop Global Ltd reported record quarterly revenue of A$147 million, a 108% increase from the previous quarter. The Woodlawn copper-zinc mine achieved record production with a 47% increase in copper-equivalent production. The company made Final Investment Decisions on the Yitirrti copper-silver-zinc and Pioneer Dome lithium projects, with first sales expected in December. Additionally, Develop secured a A$570 million debt facility and warrant package with Trafigura to fund these projects and refinance existing facilities.

Guidance

Record Group quarterly revenue of A$147 million, up 108% on the March quarter

Outlook

The company anticipates continued growth with the commencement of DSO sales at Pioneer Dome and the start of production at Yitirrti in June 2028.