Copper miner Sandfire Resources reported unaudited sales revenue of $217 million for the December 2023 quarter.
The quarter yielded $84 million in underlying EBITDA, contributing to $134 million in the first half of FY24.
The company's net debt is $476 million, attributed to the finished goods inventory at the Motheo Project in Botswana.
Sandfire aims to increase copper equivalent production by over 50% at continuing operations by the end of FY25.