MMG Lifts 2025 Cap on Rosebery Concentrate Sales as Metal Prices Surge

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2026.03.27 12:01
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MMG has increased the 2025 cap on Rosebery concentrate sales to Minmetals North-Europe from US$125 million to US$150 million due to rising copper, gold, and silver prices. The company confirmed that all shipments will remain within planned volumes, and the new cap is deemed commercially fair by independent directors. This adjustment highlights MMG's revenue exposure to favorable commodity price movements. The latest analyst rating for MMG stock is a Buy with a price target of HK$9.00.