InvestSMART

Deterra Royalties Limited (ASX:DRR)

ALERT: Price-sensitive ASX Announcement for DRR
Current share price for DRR : $4.400 0.11 (2.56%)+
Announcement
Release
28 Jul 2026 8:23AM
Price at Release
$4.290
Full Release
download
Summary
Deterra Royalties Limited reported a strong performance for the June 2026 quarter, with record production and sales from its Mining Area C (MAC), resulting in a 9% increase in royalty revenue to A$61.8 million. The company received an additional A$2 million capacity payment following a A$20 million payment for FY25. The Thacker Pass Lithium Project in Nevada is progressing well, with US$1.21 billion drawn from a US$2.23 billion DOE loan, supporting its strategic importance. There were advancements in project construction with over 95% of detailed engineering design completed. Deterra is also exploring further royalty investments and diversifications in its portfolio.
Key Points
  • Record production at Mining Area C with a 9% increase in quarterly revenue.
  • A$2 million capacity payment received, following a A$20 million payment for FY25.
  • Thacker Pass project received US$1.21 billion from a US$2.23 billion DOE loan.
  • Over 95% detailed engineering completed at Thacker Pass.
  • Focus on diversification and further royalty investments.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.