2021 Annual Report overview
MMG ended 2021 in a strong position to drive future growth for our business and to create greater value for our shareholders.
Year in review
Las Bambas produced 290,097 tonnes of copper in 2021. Revenue of US$2,965.2 million was 48% higher than 2020 due to higher realised commodity prices and higher molybdenum sales volumes.
Kinsevere produced 48,017 tonnes of copper cathode in 2021. Kinsevere EBITDA of US$137.6 million was 102% higher compared to 2020.
Rosebery produced 69,454 tonnes of zinc in zinc concentrate during 2021 and 157,482 tonnes in zinc equivalent terms, which was 11% higher than 2020. Rosebery EBITDA of US$203.3 million represented a 56% increase on 2020.
Dugald River produced 180,313 tonnes of zinc in 2021. Revenue increased by US$151.6 million (46%) to US$482.9 million due to higher realised commodity prices and higher zinc sales volumes.