Metalla Projects 99% Revenue Surge to $11.7M on 38% GEO Growth
Metalla expects record 2025 revenue of $11.7 million from 3,436 attributable GEOs, up 99% and 38% year-over-year. Corporate updates include Mitsubishi’s $600 million strategic investment in Copper World with a DFS due mid-2026 and a Castle Mountain Phase 2 permitting decision in December 2026.
1. Preliminary 2025 Results
Metalla expects to recognize $11.7 million in revenue from royalty and streaming interests for the year ended 2025, representing a 99% increase over 2024. Attributable deliveries rose to 3,436 GEOs, a 38% advance from the prior year, though ramp-up delays at Endeavor Mine and a safety incident at Wharf Mine weighed on fourth-quarter volumes.
2. Corporate and Asset Updates
Key portfolio developments include Mitsubishi’s $600 million strategic investment in Copper World, funding a mid-2026 DFS and a sanction decision later that year. Additional milestones include a Castle Mountain Phase 2 permitting decision expected December 2026, First Quantum’s H1 2026 Taca Taca ESIA and water permit targets, a $21 million Gurupi exploration budget, Del Toro’s mid-2027 restart plans and inaugural resource estimates at Tower Mountain with a Scoping Study in 2027.