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Alfabs Advances Free Cash Flow Growth with New Equipment and Cost Cuts

9:46am on Wednesday 15th of July, 2026 AEST Mining
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Alfabs Advances Free Cash Flow Growth with New Equipment and Cost Cuts

9:46am on Wednesday 15th of July, 2026 AEST
Key Points
  • Mining division daily hire rates up 0.9% to $81.4k
  • Continuous Miner #4 commissioned and AX-10 Loader enters commercial hire
  • Workshop consolidation delivers 15% headcount reduction and $8m annual cost savings
  • Net debt reduced to $36.6 million following phase 1 debt refinancing
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