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Pure-play copper, built to compound.

A low-cost producer with a funded growth pipeline in two of the world’s premier copper districts, offering leverage to the metal of the energy transition.

Why Altamira.

Four reasons the portfolio is built to outperform across the copper cycle.

01

Long-life, low-cost copper

182 kt per year at a second-quartile all-in sustaining cost, anchored by the Cobre Verde open pit.

US$1.65/lb

AISC, 2025

02

Funded growth pipeline

Expansion, development and exploration assets lift output through 2029, funded from cash flow.

+35%

Production by 2029

03

Premier jurisdictions

Concentrated in the Sonora and Atacama belts, two of the Americas’ great copper districts.

2

Tier-one districts

04

Balance-sheet strength

Net cash and capital discipline keep the growth plan resilient through the cycle.

US$240M

Net cash

FY2025 highlights

Growing cash flow, low costs.

Record production and disciplined cost control drove another year of revenue and free-cash-flow growth.

Full financials →

US$1.84B

Revenue

▲ 10% YoY

US$820M

Adjusted EBITDA

▲ 13% YoY

US$410M

Free cash flow

▲ 22% YoY

182 kt

Copper produced

▲ 6% YoY

US$1.65/lb

All-in sustaining cost

▼ 4% YoY

US$240M

Net cash

▲ US$120M

US$1.84B

Revenue · US$B

▲ +75%

since 2021

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Latest resultsMarch 5, 2026

Q4 & full-year 2025 results

US$1.84B

FY revenue

US$0.92

Adj. EPS

182 kt

Copper

Record annual copper production of 182 kt, revenue up 10% to US$1.84B and free cash flow of US$410M, with the Cobre Verde Phase II expansion on schedule for first ore in 2027.

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ResultsMar 5, 2026

Altamira reports record 2025 production and reserve growth

OperationsFeb 18, 2026

Cobre Verde Phase II expansion on schedule and on budget

AdvisoryJan 27, 2026

Altamira to release Q4 and full-year 2025 results on March 5

ExplorationDec 11, 2025

Quebrada Azul resource increased 18% on infill drilling