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Atalaya Mining raises payout despite growth plans

Copper company sees profits rise compared with 2022 as cheaper power helps margins
March 19, 2024
  • Final dividend of 4¢ a share
  • Cash profits up a third to €73mn

The broad narrative of copper is that the world will soon realise far more is needed every year to maintain global industrial ambitions. But in the meantime, companies such as Atalaya Mining (ATYM) are doing fine with the red metal trading around $9,000 (£7,082) a tonne, still an historically high price. 

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