Record Sulfide Production at Mantoverde and Mantos Blancos
Mantoverde and Mantos Blancos achieved record sulfide production of 46,000 tons, a 50% increase compared to Q1 last year.
Strong Financial Performance
Capstone Copper reported record quarterly revenue of $533 million and adjusted EBITDA of $179.9 million, more than doubling year-over-year due to higher copper prices and increased production.
Inclusion in ASX 200 Index
Capstone Copper was included in the ASX 200 Index, recognizing the success of the company's secondary listing in Australia.
Successful Refinancing
Capstone completed an upsized offering of $600 million in senior unsecured notes, improving balance sheet strength and flexibility.
Positive Sustainability Developments
Capstone signed a 35-year water agreement to secure long-term water supply and is advancing towards the global industry standard for tailings management.