MMG reports record first-half profit driven by copper production

MMG Limited reported net profit after tax of $566.3 million for the first half of 2025, a 612% increase from $79.5 million in the same period last year. Profit attributable to equity holders surged 1,511% to $340.0 million.

The company achieved record first-half EBITDA of $1,539.9 million, up 98%, while net cash flow from operations increased 130% to $1,185.0 million.

Las Bambas' copper production jumped 67% to 210,637 tonnes, while Khoemacau's copper production rose 121% to 22,043 tonnes. The strong performance was driven by increased production across all three copper mines and higher commodity prices.