Key points
- FY27 production guidance for Woodlawn and Pioneer Dome
- Capital expenditure guidance for Yitirrti and Pioneer Dome
- Develop Mining Services revenue forecast for FY27
Full summary
Develop Global Ltd (ASX: DVP) has released its first FY27 guidance, outlining production, operating costs, and capital expenditure. Woodlawn is expected to produce 775kt to 875kt of ore at 2.7% CuEq, containing 21kt to 23.5kt of CuEq metal. Pioneer Dome is guided to mine 650kt to 750kt of ore at 1.2% Li2O, containing 7.8kt to 9kt of lithium metal. Yitirrti remains in construction with A$367 million to A$406 million allocated to growth capital. Develop Mining Services forecasts FY27 revenue of A$100 million to A$110 million.
Guidance
FY27 production guidance for Woodlawn and Pioneer Dome, capital expenditure guidance for Yitirrti and Pioneer Dome, Develop Mining Services revenue forecast for FY27
Outlook
Develop Global Ltd expects strong cashflow from Woodlawn and Pioneer Dome, with Yitirrti set to contribute significantly in FY28.