• Strong full-year NPAT of A$164.2m, up 5%
• Revenue from continuing operations at A$236.2m, up 6%
• Net debt reduced to A$132.5m from A$270.6m

Deterra Royalties Ltd (ASX: DRR) reported its financial results for the full year ended 30 June 2026 (FY26). The company achieved a strong full-year net profit after tax (NPAT) of A$164.2 million, up 5% from the previous year. Revenue from continuing operations increased by 6% to A$236.2 million, driven by record production and sales from the Mining Area C (MAC) iron ore mine, partially offset by a lower AUD pricing environment. The company also divested non-core precious metal assets, primarily acquired as part of the Trident Royalties acquisition, for US$82 million (A$124m), representing a 28% pre-tax internal rate of return (IRR). Net debt was reduced to A$132.5 million, down from A$270.6 million in the previous year, with an undrawn credit facility capacity of A$357.0 million. The company declared a fully franked interim dividend of 10.8 cents per share, bringing the total FY26 declared dividend to 23.2 cents per share, up 5% and representing 75% of NPAT. The Thacker Pass Lithium Project in Nevada, USA, is advancing at full pace with continued support from the U.S. Administration and the Department of Energy (DOE), with US$1.2 billion received advances of the US$2.2 billion DOE loan.

NPAT up 5% to A$164.2m, revenue up 6% to A$236.2m, net debt reduced to A$132.5m

Deterra Royalties Ltd remains committed to pursuing opportunities for royalty and streams to add to its portfolio, building from the strong foundation of the MAC and Thacker Pass royalties.