Sandfire Resources Limited (SFR) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Sandfire Resources September 2025 quarterly report. All participants are in a listen only mode. If you wish to ask a question you will need to press the star key followed by the number 1 on your telephone keypad. I would now like to hand the conference over to Mr Brendan Harris, Chief Executive Officer and Managing Director. Please go ahead. Good morning everyone and welcome to our September quarterly call which we hope is a slightly quieter day for a number of you. Our executive team is here with me today as usual for the Q&A which we'll get to very shortly but before we start I'd just like to acknowledge the traditional custodians of the lands on which we stand, the Whadjuk people of the Noongar Nation as well as the First Nations peoples of the lands on which SAMFIRE conducts its business. We pay our respects to their elders and leaders past, present and emerging. As we always do, let's start with safety. We finished the period with a group TRIF of 1.4 and no recordable injuries across the group. Obviously a very welcome result. The safety of our people is paramount and as our asset president at MATSA, Rob Scargill, likes to put it, it's all about achieving and sustaining safe production. and that's why we're working hard to raise awareness of the need to report and learn from high potential incidents and further strengthen our control environment. Out of four-year results in August, we noted copper equivalent production for FY26 would be weighted towards the second half with a circa 4852 skew anticipated. We also noted that copper equivalent production skew in the first half would be even more acute at a 4555 split across the September and December quarters. Pleasingly, copper equivalent production for the group is tra...