Business
Altius Minerals Reports Q4 2025 and Full Year Expected Attributable Revenue(1)
All references in thousands of Canadian dollars, except per share amounts, unless otherwise indicated ST. JOHN’S, Newfoundland and Labrador / Jan 27, 2026 / Bus
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 and Labrador / Jan 27, 2026 / Business Wire / Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) (“Altius” or the “Corporation”) expects to report Q4 2025 attributable royalty revenue(1) of approximately $20.6 million compared to $13.5 million in Q4 2024 and annual attributable revenue of $69.7 million compared to $64.0 million in 2024. Royalty Revenue Summary Summary of attributable royalty revenue(1) 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2025 2024 Base & battery metals $ 23,334 $ 4,136 $ 7,664 $ 4,694 $ 6,840 $ 19,422 Potash 18,506 4,971 5,526 4,115 3,894 18,404 Iron ore# 6,291 1,803 1,496 1,122 1,870 11,220 Electricity## 13,204 6,129 3,327 2,100 1,648 6,959 Interest and other 8,326 3,591 3,394 638 703 7,980 $ 69,661 $ 20,630 $ 21,407 $ 12,669 $ 14,955 $ 63,985 (#) Labrador Iron Ore Royalty Corporation dividends received (##) Effective 29% interest in renewable royalty revenue Base and battery metals (primarily copper) revenue of $23.3 million for the year reflects higher realized prices and copper stream deliveries at Chapada. The fourth quarter was positively impacted by increased realized prices while copper deliveries were relatively consistent with the fourth quarter in 2024. The Corporation's preliminary cost of sales for the Chapada copper stream, excluding any depletion, is $6.4 million and $1.1 million for the year and Q4 2025 respectively. Potash portfolio revenue during 2025 was $18.5 million, with higher realized prices offset by lower attributable production volumes. The fourth quarter attributable production volumes were impacted by certain annual maintenance shutdowns, the timing of which can vary year over year. During the fourth quarter of 2024 the Corporation received positive adjustments of $981,000, which related to a new unitized area at one of the Nutrien mines. Iron ore royalty revenue in the form of dividends from Labrador Iron Ore Royalty Corp.(\"LIORC\"), which serves as a pass-through vehicle for royalty income and equity dividends related to the operations of Iron Ore Compan...