Today, CMOC released our Q1 2026 results, delivering the strongest first quarter in the Group’s history. 🚀
Our operating revenue rose 44.34% YoY to $9.52 billion, while net profit attributable to shareholders nearly doubled to $1.11 billion and total assets hit $32.07 billion. What’s more, basic earnings per share rose 100% YoY to $0.05, return on net assets reached 9.06%, and net operating cash flow increased by over 750% YoY to $1.62 billion.📊
⛏️ This strong performance was supported by solid production across our portfolio, with:
- 187,880 tonnes of copper and 30,500 tonnes of cobalt, up 10.15% and 0.31% YoY, respectively
- 43,027 ounces of gold, newly included following the delivery of four gold mines in Brazil.
- Niobium and phosphate fertilizer production up 2.06% and 7.14% YoY, respectively
- Physical trading volume of 1.11 million tonnes
In a major Group milestone, TFM copper secured LME Grade A registration brand, bringing the brand into the global mainstream delivery system. 🌍
Meanwhile, we continued to advance key priorities in Q1, from accelerating renewable energy projects in Africa to strengthening our “Copper Gold” growth strategy. 🌱⚡
Looking ahead to the rest of 2026, CMOC remains focused on disciplined growth, operational strength and long-term value creation. 🌅
#Q12026 #Mining #SustainableGrowth