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Stanmore Resources Limited (ASX:SMR)

ALERT: Price-sensitive ASX Announcement for SMR
Current share price for SMR : $2.710 0.53 (24.31%)+
Announcement
Release
25 Aug 2025 8:11AM
Price at Release
$2.180
Full Release
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Summary
Stanmore Resources Limited reported resilient performance in the first half of 2025 despite adverse weather conditions impacting production. The company achieved a total revenue of US$867 million from coal sales, with an underlying EBITDA of US$147 million. Saleable coal production was 6.5 million tonnes, and total coal sales reached 6.6 million tonnes. Financial performance was solid despite a 29% decrease in revenue compared to the previous period, attributed to lower average sales prices and reduced volumes. The FOB cash cost was maintained at US$89 per tonne, within the full-year guidance range. The balance sheet remains robust with a total cash position of US$181 million and net debt of US$99 million. Additionally, significant operational milestones were achieved, including the completion of the MRA2C creek diversion project. No interim dividend was declared for 2025 as the company adopts a cautious approach amid global economic uncertainties.
Key Points
  • Saleable coal production of 6.5 million tonnes and sales of 6.6 million tonnes.
  • Total revenue from coal sales was US$867 million with an underlying EBITDA of US$147 million.
  • 1H 2025 FOB cash costs were US$89/t, maintained within the full-year guidance range.
  • Robust balance sheet with US$181 million total cash and US$99 million net debt.
  • Completion of MRA2C creek diversion project supports expansion at South Walker Creek.
  • Reserves increased to 534 million tonnes and resources to 5.1 billion tonnes.
  • No interim dividend declared for 2025 due to macro-economic uncertainties.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.