Atalaya Mining Copper (ATYM) Investor presentation summary

Business overview

• European copper producer with operations in Spain and a market capitalization of $1.9bn.

• Listed on the LSE Main Market and included in the FTSE 250 Index.

• Operates the Riotinto District with a 15 Mtpa processing plant and several deposits, and is advancing the Touro project.

• Holds 0.8 Mt contained copper reserves and 3.6 Mt contained copper equivalent resources.

Financial and operational performance

• Achieved record EBITDA of €78.2m in Q2 2026 and €126.2m in H1 2026, with profits of €55.7m and €84.0m respectively.

• Q2 2026 copper production was 13.5 kt, with H1 2026 at 23.4 kt; AISC was $2.79/lb in Q2 and $2.97/lb in H1.

• Free cash flow reached €58.3m in Q2 and €58.6m in H1 2026, with a net cash position of €318.3m at June 2026.

• Declared a 2026 interim dividend of €0.055 per share, up from €0.044 in 2025.

Growth strategy and development pipeline

• Targeting up to 100 ktpa copper equivalent production through portfolio growth projects.

• Touro project expected to add ~30 ktpa copper with competitive capital intensity and lower cash costs.

• Ongoing investments in San Dionisio, Cerro Colorado, and Masa Valverde, with engineering and environmental progress.

• Completed £130m equity offering to support growth pipeline.