Altius Minerals Corporation expects to report Q2 2025 attributable royalty revenue of $12.7 million, with base and battery metals revenue at $4.7 million, potash portfolio revenue at $4.1 million, iron ore royalty revenue at $1.1 million, and renewable energy royalty revenue at $2.1 million. The revenue reflects higher realized prices and the timing of copper stream deliveries, as well as lower attributable volumes due to annual maintenance shutdowns at potash mines.
Altius Minerals Corporation (ALS: TSX) expects to report Q2 2025 attributable royalty revenue of $12.7 million, according to a press release issued on July 16, 2025. The revenue breakdown includes base and battery metals revenue of $4.7 million, potash portfolio revenue of $4.1 million, iron ore royalty revenue of $1.1 million, and renewable energy royalty revenue of $2.1 million.
The base and battery metals revenue reflects higher realized prices at Chapada, offset by the timing of copper stream deliveries and higher Voisey's Bay revenue. The Corporation's preliminary cost of sales on the Chapada copper stream, excluding any depletion, is $1.3 million for the quarter.
Potash portfolio revenue during the quarter was $4.1 million on higher realized prices, despite lower attributable volumes due to annual maintenance shutdowns at a number of the potash mines. Iron ore royalty revenue in the form of dividends from Labrador Iron Ore Royalty Corp. was $1.1 million for the quarter, as a result of lower IOC dividends. Renewable energy royalty revenue of $2.1 million reflects the continuing ramp up of operational stage portfolio projects.
Altius Minerals' strategy focuses on creating per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy provides shareholders with exposures aligned with sustainability-related global growth trends, including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking, and increasing agricultural yield requirements.
The Company will provide additional details relating to individual royalty performances and asset level developments with the release of its financial results, scheduled for August 11, 2025, after the close of market. A conference call to discuss the results will follow on August 12, 2025.
[1] https://www.marketbeat.com/instant-alerts/q2-eps-estimate-for-altius-minerals-decreased-by-analyst-2025-07-10/
[2] https://www.stocktitan.net/news/ATUSF/altius-reports-q2-2025-expected-attributable-royalty-revenue-tm726jp07922.html
[3] https://www.businesswire.com/news/home/20250716494415/en/Altius-Reports-Q2-2025-Expected-Attributable-Royalty-Revenue1
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