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Deterra Royalties confirmed the total royalty receipts of AU$50.9 million for the September 2022 quarter

Oct 31, 2022

Deterra Royalties Limited (ASX: DRR) has confirmed the total royalty receipts for the September 2022 quarter of AU$50.9 million. The Company had three producing royalties in the quarter. These were:

  1. Mining Area C, which generated iron ore revenue royalties of AU$50.7 million.
  2. Two Western Australian mineral sands operations which generated AU$0.2 million combined.

Mining Area C iron ore royalties declined 24.3% compared to the June 2022 quarter due to lower iron ore prices and sales volumes

 

 

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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

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