Technology Minerals
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Technology Minerals (TM1) investor relations material

Technology Minerals 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 summary1 Apr, 2026

Executive summary

  • Achieved significant operational and commercial progress, especially in battery recycling and mineral exploration.

  • Recyclus subsidiary delivered record revenues, first positive cash flow months, and expanded production scale.

  • Strengthened strategic positioning with proposed Board appointments and new partnerships.

Financial highlights

  • Group loss for the six months to 31 December 2025 was £1.6m, slightly improved from £1.7m loss in H1 2024.

  • Recyclus revenues doubled to £1.5m (H1 2024: £0.7m).

  • Gross profit rose to £1.3m (H1 2024: £0.5m), with administrative expenses at £2.4m.

  • Net cash used in operating activities was £1.2m; cash at period end was £26k.

  • Secured £1.1m loan for Recyclus and raised £350k via share issue post-period.

Outlook and guidance

  • Management expects continued revenue growth at Recyclus, driven by operational efficiencies and new equipment.

  • Focus remains on expanding exploration portfolio and building a resilient domestic supply chain for critical materials.

  • Board appointments to support evaluation of new operational verticals aligned with national resilience priorities.

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H2 20266 Nov, 2026
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Frequently asked questions

Technology Minerals Plc operates as a mineral exploration company. The company explores for battery metals, which include cobalt, copper, lithium, nickel and manganese. Technology Minerals PLC was founded in 2021 and is based in London, United Kingdom.