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Legacy Iron Ore (LCY) investor relations material

Legacy Iron Ore H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary28 Oct, 2025

Executive summary

  • Mining at Mount Celia advanced with 213,707 tonnes of ore mined at 1.51 g/t, yielding 10,370 ounces of gold; 152,366 tonnes sold at 1.78 g/t for 7,613 ounces recovered under an Ore Purchase Agreement with Paddington Gold.

  • Revenue for the half year was $39.60 million, up from $26.79 million year-over-year, but a net loss of $2.18 million was recorded versus a $16.76 million profit in the prior period.

  • Exploration and development continued across gold, iron ore, and base metal projects, with significant drilling and resource upgrades at Mount Celia and ongoing joint ventures at Mount Bevan.

Financial highlights

  • Revenue increased to $39.60 million from $26.79 million year-over-year, driven by higher ore sales.

  • Net loss of $2.18 million compared to a $16.76 million profit in the previous year.

  • Cash on hand at period end was $10.2 million, slightly down from $10.5 million at March 2025.

  • Average sales realisation rose to $5,202/oz, with AISC at $5,137/oz for the period.

Outlook and guidance

  • Continued mining at Blue Peter and Kangaroo Bore pits, with further drilling and pit optimisation planned.

  • Ongoing feasibility and metallurgical studies for a standalone processing facility at Mount Celia.

  • Exploration to expand resource base at South Laverton, East Kimberley, and Mount Bevan projects.

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Frequently asked questions

Legacy Iron Ore Limited is an Australian exploration company focused on the development of iron ore, gold, and other mineral resources. The company holds exploration projects primarily in Western Australia, targeting key mineral assets including iron ore, gold, base metals, and rare earth elements. Legacy Iron Ore conducts exploration activities such as geological mapping, drilling, and resource assessments to evaluate and expand its portfolio of mineral assets. Legacy Iron Ore Limited is headquartered in Perth, Australia, and its shares are listed on the ASX.

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