Financial Performance - The total revenue of the company reached $4.479 billion in 2024, representing a year-on-year increase of 3.04% [1] - The profit attributable to shareholders significantly increased to $162 million, compared to $9 million in 2023 [1] - The debt-to-equity ratio improved from 63.77% in 2023 to 58.10%, indicating a continuous optimization of the company's debt structure [1] Mining Capacity and Projects - The Kinsevere expansion project is facing challenges in ramping up capacity, with a copper recovery rate exceeding 75% and a roasting conversion rate of 88% as of June 2025 [3] - To address power supply issues, Kinsevere is procuring an additional 12MW diesel generator capacity [3] - Las Bambas, one of the largest copper mines globally, is expected to produce between 360,000 tons and 400,000 tons of copper in 2025, with a focus on local community involvement in its production and development agreements [3] Expansion Plans - The Khoemacau expansion project is progressing as planned, with a new processing plant of 4.5 million tons per year and an aim to increase annual copper concentrate production to 130,000 tons [4] - Preliminary work for the expansion has started, including camp and road construction, land acquisition, and recruitment [4] - The Dugald River mine is projected to produce between 170,000 tons and 185,000 tons of zinc in 2025, while the Rosebery mine is expected to yield between 45,000 tons and 55,000 tons of zinc [4] Structural Improvements in Financial Metrics - The gross profit margin increased significantly from 21.63% in 2023 to 34.13% in 2024 [6] - The return on equity rose from 0.42% to 5.84% [6] - The current ratio improved from 0.63 to 0.76, although it remains below 1, indicating a need for further enhancement in short-term debt repayment capacity [6] - Cash and cash equivalents decreased from $447 million in 2023 to $193 million, reflecting capital investments in expansion projects [6] - Total assets increased from $11.901 billion in 2023 to $14.986 billion, marking a growth of 25.9% [6]
五矿资源2024年营收44.79亿美元 股东溢利增至1.62亿美元 资产负债率降至58.10% Las Bambas年产能预计达36-40万吨铜