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MMG Limited (SEHK:1208) reported that it has revised the Annual Caps under its Rosebery Concentrate Sales Agreement following higher copper, gold and silver prices. The company cited updated production forecasts at the Rosebery Mine as a key driver for lifting the Annual Caps on concentrate sales. Management indicated that the revised terms are expected to support higher revenue recognition from Rosebery concentrate deliveries under the framework agreement. The upward revision of Rosebery...
MMG Ltd (MMLTF) reports a 61% revenue increase and 164% profit jump, driven by record copper output and improved operational efficiency.
MMG Ltd (MMLTF) reports a 15% increase in EBITDA, driven by operational efficiencies and strategic market expansion, despite facing commodity price volatility and regulatory challenges.
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