Ero Copper Corp. 2025 Annual Report Summary

Ero Copper Corp. reported record operating and financial results for 2025, driven by increased copper and gold production across its Brazilian operations. The Tucumã Operation saw significant ramp-up following commercial production declaration in July 2025, contributing to a 18.3% quarter-on-quarter increase in consolidated copper production. The Caraíba Operations achieved record mill throughput, while the Xavantina Operations transitioned to mechanized mining and commenced gold concentrate sales. The Furnas Copper-Gold Project advanced with exploration drilling and an inaugural preliminary economic assessment highlighting its potential for large-scale, long-life operations. Financially, the company achieved record cash flow from operations of $395.1 million and adjusted EBITDA of $409.7 million. Safety remained a priority, with zero fatalities and the lowest Lost-Time Injury Frequency Rate since 2021. Looking ahead to 2026, Ero Copper forecasts increased copper production and provides guidance for production and costs across its operations, alongside capital expenditure plans focused on growth initiatives.