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Macro Metals (M4M) investor relations material

Macro Metals Q1 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 TU earnings summary27 Oct, 2025

Executive summary

  • Completed a $2 million capital raise, enhancing liquidity for exploration and mining services business development and contract execution.

  • Advanced multiple projects, including the Extension Iron Ore Project, Derby East Construction Sands Project, and Port Hedland Sand Export Initiative.

  • Secured two non-binding Letters of Intent from Singaporean importers for sand exports and progressed approvals for bulk product exports.

  • Strengthened business development pipeline with shortlisted and sole-source tenders across Tier 1 & Tier 2 miners.

Financial highlights

  • Net cash outflows for the quarter were $1,131k, $232k higher than the previous quarter, mainly due to timing of administrative and corporate costs.

  • $374k spent on exploration and evaluation activities, down from $462k in the prior quarter.

  • Raised AUD $2 million via a placement at $0.007 per share, with proceeds allocated to exploration, working capital, and business development.

  • Cash and cash equivalents at quarter end were $2,739k, up from $1,289k at the previous quarter end.

  • Payments to related parties totaled $83k for the quarter.

Outlook and guidance

  • Plans to finalise haul road corridor design and secure necessary licences for the Extension Iron Ore Project.

  • Anticipates at least two formal contract awards for mining services from Tier 1 companies in the next quarter.

  • Progressing Utah Point export approval and planning for a site visit by Singapore importers.

  • Commencement of Turner RC drilling program and advancement of Derby East resource definition and approvals.

  • Aims to finalise ISO certifications in Q2/FY26.

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Frequently asked questions

Macro Metals Limited is an Australian exploration company focused on the acquisition and development of iron ore and other mineral assets. The company’s primary activities include identifying and exploring prospective sites across Western Australia, with a particular focus on iron ore projects. Macro Metals aims to expand its mineral resource portfolio and contribute to the supply of raw materials for industries such as steel manufacturing. Macro Metals Limited is headquartered in Subiaco, Australia, and its shares are listed on the ASX.

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