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Jupiter Mines Limited. (ASX:JMS)

ALERT: Price-sensitive ASX Announcement for JMS
Current share price for JMS : $0.255 -0.01 (-3.77%)+
Announcement
Release
31 Jul 2026 8:32AM
Price at Release
$0.265
Full Release
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Summary
Jupiter Mines Limited reported a strong finish for FY2026 in its Q4 activities report, with both sales and production increasing quarter-on-quarter. The company recorded an EBITDA of A$34.2 million, up 6% from the previous quarter, primarily driven by higher manganese prices. The cost of production was stable, decreasing slightly to US$2.48 per dmtu. Sales peaked at 943,740 tonnes, a 12% increase from the previous quarter, despite a 13% decrease from the prior year. The Tshipi Manganese Mine achieved a total of 3.5 million tonnes sold for FY2026, surpassing expectations. The quarter ended with Tshipi's cash position marginally up at A$129.4 million. Manganese spot prices showed a downward trend towards the end of the quarter, closing at US$4.64/dmtu, although they remained above historical averages. No lost time injuries were recorded, maintaining a stable safety record with a TRIFR of 0.37.
Key Points
  • Sales and production increased quarter-on-quarter.
  • EBITDA rose by 6% due to higher manganese prices.
  • Production costs slightly decreased to US$2.48 per dmtu.
  • Sales volume was 943,740 tonnes, up 12% from Q3 FY2026.
  • Tshipi sold 3.5 million tonnes for FY2026, exceeding expectations.
  • Cash position at Tshipi marginally increased to A$129.4 million.
  • Manganese spot prices decreased but stayed above historical averages.
  • No lost time injuries were recorded in the quarter.
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.