Sandfire Reports Record Earnings but Flags Diesel Cost Risks

Published: May 4, 2026 09:17

Save

Sandfire Resources reported record earnings driven by strong copper prices and production growth, but warned that rising diesel costs could pressure margins going forward.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

Chinese Demand Offsets Geopolitical Risks, Copper Stays Range-Bound

Copper prices have remained range-bound for two weeks as stalled US-Iran talks cap upside, while stronger Chinese demand and a weaker US dollar provide support.

3 hours ago

May 2, 2026 20:40

"Divergent Labour Day Production Strategies Among China's Secondary Copper Rod Firms Amid Policy and Capital Pressures"

During the 2026 Labour Day holiday, production arrangements among China's secondary copper rod enterprises showed a notable divergence, with some choosing to halt production for the holiday while others maintained normal operations

May 2, 2026 20:40

Apr 30, 2026 22:09

Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day

[SMM Copper Wire and Cable Weekly Inventory] Despite the approaching Labour Day holiday, overall enterprise stockpiling sentiment remained cautious due to high copper prices. As a result, raw material inventories of mainstream copper wire and cable enterprises in China edged up 2.58% WoW. Finished product inventories side, some wire and cable enterprises suspended quotations during the Labour Day holiday, and some end-users cautiously picked up goods in advance, driving finished product inventories down slightly by 2.42% WoW.

Apr 30, 2026 22:09