Sandfire Resources posts $480M quarterly sales revenue

Sandfire Resources (ASX:SFR) generated $480 million in sales revenue and $272 million in underlying EBITDA for the September quarter.

Group copper equivalent production reached 38.9kt, up 9% from the September 2025 quarter but down 19% compared to the June quarter.

The company invested $16 million in regional and near-mine exploration programmes while maintaining its processing rates across operations.

Sandfire stated that completion of an intensive equipment maintenance cycle at MATSA is expected to deliver unit cost performance improvements over the remainder of the year.

Sandfire CEO and Managing Director Brendan Harris said, "We delivered 38.9kt of Group CuEq production in Q1 FY27 to be perfectly aligned with the run-rate required to achieve the midpoint of our annual guidance, and we safely completed the planned shutdown of our processing facility at Motheo, having continued to balance throughput with ore grades and recoveries to maximise longer term value."

Following the announcement, the Sandfire Resources share price was unchanged at $19.18.

The business maintained its operational processing rate of 4.7Mtpa at MATSA and an optimal 5.6Mtpa processing rate at Motheo.

Sandfire also confirmed ongoing financial support for Sandfire America as its board reviews strategic alternatives, including a potential sale.