Greatland Resources

Greatland Resources is a major Australian gold and copper producer operating the 100%-owned Telfer gold-copper mine and developing the adjacent Havieron project in Western Australia’s Paterson Province.

Following its transformational acquisition and consolidation of Telfer and Havieron, GGP transitioned into a large-scale, profitable producer with substantial cash generation.

Full-Year FY2026 Financial Results (Ended June 2026)

  • Revenue: A$2.26 billion, surging from A$957 million in FY2025.
  • Net Profit After Tax (NPAT): A$862.3 million, up ~155% from A$337.3 million in FY2025.
  • Earnings Per Share (EPS): ~A$1.26 – A$1.27 per share.
  • Operating Margins: Maintained robust profitability with operating margins near 60% and net margins around 38%.
  • Balance Sheet Strength: Fully eliminated bank debt, ending FY26 with a large net cash position and shareholders’ equity over A$2.22 billion.

Bluescope Steel

BlueScope Steel

Upgraded 1H FY27 underlying EBIT guidance to “approaching $1.1bn” (up from previous guidance of $860–960m). The upgrade is driven by North Star mini-mill spreads expanding to ~US$810/t (vs US$750/t previously assumed), with North America delivering earnings ~67% higher than 2H FY26 and Australian Steel Products earnings approaching double 2H FY26 levels.