Ero Copper's Tucuma Operation Reaches Commercial Production Milestone

Core Insights - Ero Copper Corp. announced the commencement of commercial production at its Tucumã Operation effective July 1, 2025, following the successful repair and commissioning of the third tailings filter in April 2025 [1][7]. Production Performance - The Tucumã Operation achieved sustained throughput rates exceeding 75% of its design capacity after the installation of the third filter press and modifications to the process plant [2]. - In Q2 2025, the operation produced approximately 6,400 tons of copper, with around 2,000 tons produced in the latter half of June [3][7]. - Metallurgical recovery rates and copper concentrate grades consistently met or exceeded targets, with expectations for increased throughput by year-end, driving sequential production growth in the second half of 2025 [3][7]. Financial Results - Ero Copper's Q1 2025 financial results showed improvement attributed to higher metals prices and increased production from the Tucumã Operation, resulting in higher net income and adjusted EBITDA compared to Q4 2024 [5]. Stock Performance - Ero Copper's shares have declined by 26.1% over the past year, contrasting with a 13.6% decline in the industry [6].