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Black Rock Mining (BKT) investor relations material
Black Rock Mining H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Advanced Mahenge Graphite Project with significant progress on Early Works and pre-construction activities, positioning for a fully funded Final Investment Decision (FID).
Secured strong stakeholder and government support, including a groundbreaking ceremony and successful capital raisings totaling AUD 14m.
Maintained focus on responsible project delivery, environmental management, and community engagement.
Financial highlights
Consolidated net loss after tax for FY26 was AUD 7.59m, an improvement from AUD 9.51m in FY25.
Total income for the year was AUD 46,116; cash and cash equivalents at year-end were AUD 4.74m (FY25: AUD 1.88m).
Net assets increased to AUD 60.29m (FY25: AUD 56.33m).
No dividends declared or paid.
Outlook and guidance
Focus remains on securing the remaining equity funding and achieving FID to commence full-scale construction.
Project financing deadline for USD 204m debt facility extended to 30 November 2026.
Anticipates transitioning into development phase and targeting entry into the battery materials supply chain.
- Mahenge Graphite Project nears construction readiness with funding extension and steady cash reserves.BKT
Q4 2026 TU - Mahenge delivers scale, high margins, and ESG advantages through disciplined, modular growth.BKT
Investor presentation - Mahenge Graphite Project secured major funding and permits, but future hinges on final capital raise.BKT
H2 2025 - Advanced Mahenge Project financing, but FY24 loss and funding risks highlight going concern uncertainty.BKT
H2 2024 - Loss narrowed, cash strengthened, and Mahenge Project early works advanced.BKT
H1 2026 - Scalable, low-cost, ESG-compliant graphite project with strong financials and secured offtake.BKT
Noosa Mining Investor Conference - A$14 million raised for Mahenge Early Works; cash A$3.6m; undrawn debt A$274m; stable graphite market.BKT
Q1 2026 TU - Mahenge delivers top-tier graphite reserves, strong economics, and secured offtake with major partners.BKT
Investor Presentation - A$12m raise supports a world-class graphite project with POSCO backing and strong offtake deals.BKT
Investor Presentation
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