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Alfabs Builds Cash Momentum as Mining Hire Rates Reach $86,500 a Day
9:59am on Thursday 15th of October, 2026 AEDT
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Mining and Engineering Services
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Alfabs Builds Cash Momentum as Mining Hire Rates Reach $86,500 a Day
9:59am on Thursday 15th of October, 2026 AEDT
Key Points
$2.4 million of first-quarter free cash flow
Net debt reduced 3% to $35.5 million
Mining hire rates rose 6.3% to $86,500 per day
Engineering work in hand remained subdued at $11.9 million
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Alfabs Australia (ASX:AAL)
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