Pembroke Olive Downs reports strong 2Q-2025 production and financial results

Pembroke Olive Downs Pty Ltd released its corrected 2Q-2025 presentation, highlighting robust operational and financial performance. The company successfully completed a 12-month ramp-up, achieving an average monthly ROM production of 560Kt. This led to a 30% increase in ROM production from FY24 to 1H-2025, with strong performance despite early-quarter rainfall. The CHPP consistently operated at approximately 90% plant utilisation, achieving up to 81% yield and an improved effective yield of 68%.

Financially, Pembroke reported $133m in revenue for 2Q-2025 and $251m for 1H-2025, with an average realised price of $126/t for 2Q-2025. The production cost improved by 19% from 1Q-2025, driven by enhanced mining practices and reduced wet weather impacts. The cash balance stood at $201m as of June 30, 2025.

The company also underscored its commitment to ESG, detailing successful koala clinic operations, koala fence construction, and significant progress in its Social Impact Management Plan. Future priorities include achieving 6-7 Mt ROM production, selling 4.5 million tonnes to customers, and progressing expansion plans for increased capacity and operational efficiency.