The full financial statements are available on the LSE website at https://www.londonstockexchange.com/stock/ACG/acg-metals-limited/company-page. The document will also be made available on the Company's website at https://acgmetals.com/regulatory-news/ shortly.
Artem Volynets (Chairman and CEO) and Patrick Henze (CFO) will provide a live presentation via Investor Meet Company on 14 April 2026, at 13:00 BST. To attend, investors can join via this link: https://www.investormeetcompany.com/acg-metals-limited/register-investor
Artem Volynets, Chairman and Chief Executive Officer of ACG, said:
"2025 was a year of strong execution for ACG, with consistent operational delivery, ongoing optimisation across the business and robust financial performance. A disciplined, safety‑led operating culture and a continued focus on cost control underpinned strong margins and high levels of cash generation, while enabling us to advance the expansion of copper sulphide production at the at the Gediktepe mine in Turkey, on time and on budget.
Looking ahead, our focus remains on operational excellence, disciplined project delivery and prudent capital allocation. The planned transition to copper production in the middle of 2026 represents an exciting and transformational next phase for the Company, and the progress achieved in 2025 provides strong confidence in our ability to deliver this transition and create long‑term shareholder value."
FY2025 Highlights
Strategic Milestones
Safety performance remained a core priority, with an LTIF of 0.66 achieved across approximately 1.6 million hours worked
Delivered FY2025 AuEq production of 39.2 koz; 3% above the top end of revised guidance (c.17% above original guidance)
Strong operational execution delivered an 18% reduction in C1 cash costs to US$499 per ounce AuEq, strengthening margins
Gediktepe Sulphide Expansion Project advanced on schedule and within budget, positioning the group for first copper and zinc concentrate production in mid‑2026
Enriched Ore Treatment Project progressed, enhancing near‑term value generation from existing enriched ore and stockpiles.
Adjusted EBITDA of US$76.3 million generated for the year; reported net loss of US$43 million driven by non‑cash accounting fair value adjustments of US$81.7 million related to significant warrant price increases and upwards movements in the copper price.
Ended FY2025 with net debt of US$55 million1, reflecting disciplined capital allocation and active balance sheet management.
Optimised Gediktepe royalty terms effective 1 January 2026 to support the copper transition, reducing oxide royalty from 10% to 2.25%, increasing sulphide royalty from 2% to 2.25%, and eliminating $6 million of sulphide commissioning milestone payments.
Commenced trading on the OTCQX Market in September 2025, broadening access for U.S. investors and supporting improved secondary market liquidity.
Appointed Peter Carter as Chief Operating Officer in June 2025, bringing additional operating depth to support production growth and asset optimisation.
Full-Year 2025 Gediktepe Mine Operating Performance
Operating KPI
FY 2025
FY 20242
