Altius Minerals 1Q Royalty Rev Seen Higher on Copper Prices, New Lithium Royalty Stream

Dow Jones04-21
 

By Adriano Marchese

 

Altius Minerals expects to report an increase in first-quarter royalty revenue, driven by higher commodity prices and an increased lithium royalty stream.

The diversified mining company said Tuesday it expects first-quarter royalty revenue of 26.4 million Canadian dollars ($19.3 million), up from C$15 million a year earlier.

The growth is broad-based in the quarter, with notable increases in base metals, rising to an expected C$9.1 million from C$6.79 million, thanks largely to higher copper prices.

Altius sees lithium royalty revenue rising in the quarter to C$5.43 million, due to its acquisition of Lithium Royalty Company, up from C$51,000 a year ago.

Potash royalty revenue is expected to rise to C$4.51 million from C$3.89 million last year.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

April 21, 2026 08:21 ET (12:21 GMT)

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