Business
Altius Minerals Reports Q3 2025 Expected Attributable Revenue(1)
All references in thousands of Canadian dollars, except per share amounts, unless otherwise indicated ST. JOHN’S, Newfoundland / Oct 15, 2025 / Business Wire /
About this update from Altius Minerals Corporation
[{"type":"text","content":"All references in thousands of Canadian dollars, except per share amounts, unless otherwise indicated ST. JOHN’S, Newfoundland / Oct 15, 2025 / Business Wire / Altius Minerals Corporation (ALS: TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) expects to report Q3 2025 attributable royalty revenue(1) of approximately $21.2 million. Royalty Revenue Summary Summary of attributable royalty revenue(1) Q3 2025 Q2 2025 Q3 2024 Base & battery metals $ 7,421 $ 4,694 $ 5,437 Potash 5,525 4,115 3,585 Iron ore# 1,496 1,122 2,618 Renewable energy## 3,327 2,100 2,000 Interest and other 3,395 638 1,036 $ 21,164 $ 12,669 $ 14,676 (#) Labrador Iron Ore Royalty Corporation dividends received (##) Effective 29% interest in renewable royalty revenue Base and battery metals (primarily copper) revenue of $7.4 million for the quarter reflects higher realized prices and copper stream deliveries at Chapada. The Corporation's preliminary cost of sales for the Chapada copper stream, excluding any depletion, is $2.1 million for the quarter. Potash portfolio revenue during the quarter was $5.5 million, reflecting higher realized prices and attributable volumes. Iron ore royalty revenue in the form of dividends from Labrador Iron Ore Royalty Corp., which serves as a pass-through vehicle for royalty income and equity dividends related to the operations of Iron Ore Company of Canada, was $1.5 million for the quarter. Renewable energy royalty revenue of $3.3 million reflects the continuing ramp up of operational stage portfolio projects and income related to the financing of interconnection deposits. Interest and other revenue reflects $3.1 million of interest income on the Corporation's increased cash balance following receipt of proceeds from the Orogen Royalties acquisition by Triple Flag Precious Metals and the sale of the Corporation's 1.0% NSR on the Arthur Project in Nevada. Non GAAP Financial Measures Management uses the following non-GAAP financial measures: attributable revenue, attributable royalty revenue, adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA), adjusted operating cash flow and adjusted net earnings (loss). Management uses these measures to monitor the financial performance of the Corporation and its op...