Jupiter Mines Limited

Jupiter Mines Limited Earnings Recaps

JMS.AX Materials 1 recap
Next earnings: August 27, 2026 (estimated) · full calendar
Q2 2026 Feb 2, 2026

Jupiter Mines reported a strong Q2 2026 performance with increased sales and production, maintaining healthy cash levels despite a challenging currency environment.

Key takeaways
  • Sales increased by 4% quarter-on-quarter to 867,619 tonnes, and production rose 1% to 840,688 tonnes, with a notable focus on high-grade ore.
  • Operating costs improved slightly to USD 2.24 FOB per dmtu, benefiting from a stable rand despite its strengthening against the dollar.
  • Average realized prices for manganese ore were up 6% compared to the previous quarter, supported by favorable market conditions.
  • EBITDA decreased 19% quarter-on-quarter primarily due to forex losses from the strengthening rand, although cash generation remained solid.
  • Cash balance at Tshipi stood at AUD 137 million, reflecting steady operational performance even after tax and royalty payments.