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Zimplats Holdings Limited (ASX:ZIM)

ALERT: Price-sensitive ASX Announcement for ZIM
Current share price for ZIM : $15.300 -7.45 (-32.75%)+
Announcement
Release
30 Jan 2026 6:05PM
Price at Release
$22.750
Full Release
download
Summary
The Zimplats Quarterly Report for the period ended 31 December 2025 highlights an increase in mined volumes by 5% from the previous quarter and 15% year-on-year. Despite a stable 6E head grade, there was a 3% decrease from the previous year due to ore mix changes. Milled volumes saw a 3% increase from the previous quarter and 12% from the prior comparable period. The report notes significant improvements in metal production, with a 22% and 35% increase in 6E metal in the final product compared to the previous quarter and the previous year, respectively. Major projects are on track, such as the Mupani Mine Development and Smelter Expansion, both achieving substantial progress. The financials reflect a 4% increase in total costs quarter-on-quarter and a 22% increase year-on-year due to higher labor and maintenance expenditures. Operating cash cost per 6E ounce improved by 6% from the prior quarter. The report also mentions two lost-time injuries in the quarter, with ongoing safety improvements being implemented.
Key Points
  • Mined volumes increased by 5% from the prior quarter and 15% year-on-year.
  • 6E head grade stable quarter-on-quarter but decreased by 3% year-on-year.
  • Milled volumes improved by 3% from the previous quarter and 12% from the prior year.
  • Metal production saw 22% and 35% increases in 6E metal in final product compared to prior quarter and year respectively.
  • Mupani Mine Development and Smelter Expansion projects are progressing on track.
  • Total costs increased by 4% quarter-on-quarter and 22% year-on-year.
  • Operating cash cost per 6E ounce improved by 6% from the prior quarter.
  • Two lost-time injuries recorded, with safety improvements underway.
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.