Altius Reports Q2 2025 Expected Attributable Royalty Revenue(1)
All references in thousands of Canadian dollars, except per share amounts, unless otherwise indicated
Article content
ST. JOHN'S, Newfoundland and Labrador — Altius Minerals Corporation (ALS: TSX) (ATUSF: OTCQX) ('Altius' or the 'Corporation') expects to report Q2 2025 attributable royalty revenue (1) of $12.7 million.
Article content
Royalty Revenue Summary
Article content
Base and battery metals
Article content
(primarily copper) revenue of $4.7 million for the quarter reflects higher realized prices at Chapada offset by the timing of copper stream deliveries as well as higher Voisey's Bay revenue.
Article content
The Corporation's preliminary cost of sales on the Chapada copper stream, excluding any depletion, is $1.3 million for the quarter.
Article content
Potash
Article content
portfolio revenue during the quarter was $4.1 million on higher realized prices offset by lower attributable volumes due to annual maintenance shutdowns at a number of the potash mines.
Article content
Iron ore
Article content
royalty revenue in the form of dividends from Labrador Iron Ore Royalty Corp., which serves as a pass-through vehicle for royalty income and equity dividends related to the operations of Iron Ore Company of Canada, was $1.1 million for the quarter as a result of lower IOC dividends.
Article content
Renewable energy
Article content
royalty revenue of $2.1 million reflects the continuing ramp up of operational stage portfolio projects.
Article content
Non GAAP Financial Measures
Article content
Management uses the following non-GAAP financial measures: attributable revenue, attributable royalty revenue, adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA), adjusted operating cash flow and adjusted net earnings (loss). Management uses these measures to monitor the financial performance of the Corporation and its operating segments and believes these measures enable investors and analysts to compare the Corporation's financial performance with its competitors and/or evaluate the results of its underlying business. These measures are intended to provide additional information, not to replace International Financial Reporting Standards (IFRS) measures, and do not have a standard definition under IFRS and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. As these measures do not have a standardized meaning, they may not be comparable to similar measures provided by other companies. Further information on the composition and usefulness of each non-GAAP financial measure, including reconciliation to their most directly comparable IFRS measures, is included in the non-GAAP financial measures section of our MD&A.
Article content
Second Quarter 2025 Financial Results Conference Call and Webcast Details
Article content
Additional details relating to individual royalty performances and asset level developments will be provided with the release of our financial results, which will occur on August 11, 2025 after the close of market, with a conference call to follow on August 12, 2025.
Article content
Date:
Article content
August 12, 2025
Article content
Time:
Article content
9:00 AM ET
Article content
Article content
Toll Free Dial-In Number: +1-800-717-1738
Article content
Conference Call Title and ID:
Article content
Altius Minerals Q2 2025 Financial Results, ID 06104
Article content
Webcast Link:
Article content
Q
Article content
2
Article content
2025 Financial Results
Article content
About Altius
Article content
Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius's commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is included in each of the S&P/TSX Small Cap, the S&P/TSX Global Mining, and the S&P/TSX Canadian Dividend Aristocrats indices.
Article content
This news release contains forward‐looking information. The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management's expectations. In certain cases, forward‐looking information may be identified by such terms as 'anticipates', 'believes', 'could', 'estimates', 'expects', 'may', 'shall', 'will', or 'would'. Although Altius believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Readers should not place undue reliance on forward-looking information. Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulations.
Article content
Article content
Article content
Article content
Contacts
Article content
For further information, please contact:
Article content
Article content
Flora Wood
Article content
Article content
Email:
Article content
Fwood@altiusminerals.com
Article content
Article content
Tel: 1.877.576.2209
Article content
Article content
Direct: +1(416)346.9020
Article content
Ben Lewis
Article content
Article content
Email:
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Toronto Sun
8 minutes ago
- Toronto Sun
EDITORIAL: Stick a fork in ‘Elbows Up'
Prime Minister Mark Carney has promised about $1.2 billion in loan guarantees, grants and contributions for Canadian sawmills. Photo by Darren Makowichuk / DARREN MAKOWICHUK/Postmedia 'Elbows Up' hasn't been Prime Minister Mark Carney's approach to dealing with U.S. President Donald Trump on tariffs ever since he won the April election and it's time to consign the phrase to the dustbin of history. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account While Carney advocated dollar-for-dollar tariffs against the U.S. during the Liberal leadership race, he quickly jettisoned the idea on becoming prime minister. That was logical given that Canada would lose a dollar-for-dollar trade war because the U.S. economy is ten times the size of ours. A Leger/Postmedia poll released last week found public support for the 'Elbows Up' approach to trade relations with the U.S. — that the Liberals originally promoted — has plummeted. Six months ago, it was at 73%. Now it's down to 45%, close to a statistical tie with 41% who say Canadian negotiators should take a more measured approach and focus on getting a deal with Trump, even if it means some tariffs on Canadian goods remain. This advertisement has not loaded yet, but your article continues below. That's similar to Carney's path on the issue — posing initially as a trade warrior who would meet Trump dollar-for-dollar on the field of battle and get a deal eliminating all the Trump tariffs. That was always a double-edged sword because Canadian counter-tariffs on imported U.S. goods are paid by Canadians in higher consumer prices. Carney's position has changed significantly since then. First, his government removed counter-tariffs it had initially imposed on many imported American goods that Canadian companies needed to continue operating. He scrapped the Liberals' digital services tax within days of Trump demanding it. Then he lowered expectations, saying a deal with Trump could include some U.S. tariffs. Carney also put out the word that Canada's position was that no deal with the U.S. was better than a bad deal. What it all means is that some of the tariffs Trump has already imposed on us could become permanent, leading up to renegotiating the entire Canada-U.S.-Mexico Agreement on trade that comes up for renewal next year. Trump agreed to that deal during his first term, praising it at the time as 'the fairest, most balanced, and beneficial trade agreement we have ever signed into law … the best agreement we've ever made.' Crime Toronto & GTA Toronto Blue Jays Canada Sunshine Girls
Cision Canada
3 hours ago
- Cision Canada
Statement from Minister Hajdu Français
GATINEAU, QC, Aug. 16, 2025 /CNW/ - Today, the Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario, issued the following statement regarding the collective bargaining negotiations between Air Canada and the Canadian Union of Public Employees (CUPE): "After eight months of negotiations by the parties, and after meeting with both parties last night and urging them to work hard to reach a deal, it is disappointing to have to conclude today that Air Canada and CUPE flight attendants are at an impasse and remain unable to resolve their dispute. The government firmly believes that the best deals are reached by the parties at the bargaining table. It has now become clear that this dispute won't be resolved at the table. Canadians are increasingly finding themselves in very difficult situations and the strike is rapidly impacting the Canadian economy. Flight attendants play a critical role in keeping Canadian families and workers safe as they travel. It is important that they be compensated fairly at all times. The enormous impact of a nationwide labour disruption of this scale is already being felt by Canadians and visitors to our country. This impact will grow significantly with a prolonged dispute. This nationwide labour disruption is impeding the movement of passengers and critical cargo. In a year in which Canadian families and businesses have already experienced too much disruption and uncertainty, this is not the time to add additional challenges and disruptions to their lives and our economy. Canadians rely on air travel to connect families, workers, and communities to each other and the world. Despite significant supports from the government, these parties have been unable to resolve their differences in a timely manner. The government must act to preserve stability and supply chains in this unique and uncertain economic context. That is why I exercised my authorities under section 107 of the Canada Labour Code to direct the Canada Industrial Relations Board to arbitrate this dispute. I am exercising this authority because it is critical to maintaining and securing industrial peace, protecting Canadians and promoting conditions to resolve the dispute. Despite the parties' resolution of several key differences, the CIRB is best positioned to help them find a solution on the outstanding items. Accordingly, I have asked the Board to assist the parties in reaching a settlement of the outstanding terms of their collective agreement by imposing final and binding arbitration and to extend the terms of the existing collective agreement until a new one is determined by the arbitrator. This decision will help make sure that hundreds of thousands of Canadians and visitors to our country are not impacted because of cancelled flights. Further, the shipments of critical goods such as pharmaceuticals and organ tissue, over 40% of which are moved by Air Canada, should continue to reach their destinations. Once again, I urge the parties to work towards a fair and timely resolution."
Toronto Sun
5 hours ago
- Toronto Sun
Passengers left in the lurch as Air Canada fleet grounded over labour strife
Published Aug 16, 2025 • 1 minute read A flight board is seen at the Pierre-Elliott Trudeau Airport in Montreal, Quebec, Canada, on August 15, 2025. Air Canada began cancelling flights on August 14 after receiving a strike notice from the flight attendants' union, warning all operations could be shut down by Saturday. Photo by ANDREJ IVANOV / AFP via Getty Images TORONTO — Passengers across the country scrambled to deal with the fallout as labour strife between Air Canada and the union representing its 10,000 flight attendants left planes grounded. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Major Canadian airports warned travellers not come to the airport unless they had a flight with another carrier after Air Canada and Air Canada Rouge suspended operations earlier today when the flight attendants when on strike. But dozens of passengers who had received notice that their flights were cancelled showed up to Toronto Pearson International Airport Saturday morning regardless, many looking for information from Air Canada staff about alternative options. Tanya Baron and her family are trying to get home to Saskatoon, but she fought tears as she explained the airline has yet to provide them with rebooking options and she was getting the runaround. Sandra Caputi, who was flying home to Thunder Bay, Ont., after spending a few weeks in Greece, is one of the lucky ones to grab a competitor flight from Porter at Billy Bishop Toronto City Airport to take her home this afternoon. In Montreal, Bonnie Bradley says with no options available until Wednesday, she decided to book a car and drive home to Winnipeg after spending a 10-day holiday in Newfoundland. Read More Toronto Blue Jays Toronto & GTA Columnists Sunshine Girls Crime
