Ero Copper Corp. Q3 2025 Earnings Recap

Ero Copper reported a solid Q3 2025, achieving record copper production and initiating gold concentrate sales that are expected to accelerate deleveraging and enhance financial performance.

Key Takeaways

• Achieved record consolidated copper production, up nearly 20% at Tucumã for the second consecutive quarter.
• Announced a maiden inferred resource of 24,000 tonnes of gold concentrate, with first sales commencing and expectations to sell 10,000 to 15,000 tonnes in Q4.
• Successfully completed debottlenecking initiatives, leading to all-time record monthly production and throughput at Caraíba operations in October.
• Significant operational improvements driven by a focus on safety, productivity, and challenging the status quo, setting the stage for continued performance growth.