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Deterra Royalties Boosts Revenue with Trident Amid Iron Ore Price Drop
7:45am on Tuesday 18th of February, 2025 AEDT
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Mining
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Deterra Royalties Boosts Revenue with Trident Amid Iron Ore Price Drop
7:45am on Tuesday 18th of February, 2025 AEDT
Key Points
Total revenue declined 6% to $112.3 million due to lower iron ore prices
Record Mining Area C sales volumes of 68.7 million wet metric tonnes
Trident acquisition contributed $7.9 million in new revenue streams
Underlying EBITDA margin remained strong at 94%
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