MMG Ltd 2024 AR2
The report highlights MMG Limited's strong operational and financial performance in 2024, with copper production increasing by 15% and zinc production by 8% year-on-year. The company successfully completed the acquisition and integration of the Khoemacau copper mine in Botswana and completed a Rights Issue raising US$1,152.4 million. Financially, MMG achieved a net profit after tax of US$366 million and a record-low gearing ratio of 0.41. On the ESG front, the company maintained its commitment to safety with a total recordable injury frequency rate of 2.06 and progressed its climate strategy toward net-zero emissions by 2050.
Company: MMG Ltd
Sector: Materials
Country: Australia
Year: 2024
Type: AR2
Pages: 234
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MMG Ltd
Annual Report
The report highlights MMG Limited's strong operational and financial performance in 2024, with copper production increasing by 15% and zinc production by 8% year-on-year. The company successfully completed the acquisition and integration of the Khoemacau copper mine in Botswana and completed a Rights Issue raising US$1,152.4 million. Financially, MMG achieved a net profit after tax of US$366 million and a record-low gearing ratio of 0.41. On the ESG front, the company maintained its commitment to safety with a total recordable injury frequency rate of 2.06 and progressed its climate strategy toward net-zero emissions by 2050.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women in Management
Workplace Fatalities
Net Zero Target
Employees