Press Release
Vancouver I November 4, 2025 I Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III) reports financial results for the three and nine months ended September 30, 2025.
QUARTER HIGHLIGHTS
“Operationally, the third quarter was aligned with guidance, driven largely by higher throughput at Mount Polley and higher copper and gold grades at Red Chris,” said Brian Kynoch, President. “With consolidated production totalling 46,306,326 pounds copper and 50,751 ounces gold through the nine months September 30, 2025, we are on track to achieve the higher end of our 2025 guidance”.
“During the quarter, we also achieved solid financial results, including adjusted EBITDA of $92.5 million and cash earnings of $90.4 million which was derived from strong operational results and higher metal prices. Revenue of $521.1 million in the first 9 months of 2025 has exceeded our record annual revenue of $494.4 million, achieved in 2024. In addition, year to date we have been able to achieve a net debt reduction of $129.5 million”.
FINANCIAL
Total revenue was $168.8 million in the September 2025 quarter compared to $146.1 million in the 2024 comparative quarter. In the September 2025 quarter, the Red Chris mine (100% basis) had 5.0 concentrate shipments (2024-4.0 concentrate shipments). Mount Polley mine had 1.5 concentrate shipments (2024-2.0 concentrate shipments). Variations in revenue are impacted by the timing and quantity of concentrate shipments, metal prices and exchange rates, and period end revaluations of revenue attributed to concentrate shipments where copper and gold prices will settle at a future date.
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