
Atalaya Mining (LSE:ATYM) has delivered a standout performance in the first quarter of 2025, posting a record EBITDA of €52.5 million—the highest in the company’s history. Copper production reached 14.3 kilotonnes, making it the strongest output since Q2 2021. Operational efficiency also improved, with both cash costs and all-in sustaining costs coming in well below expectations.
Key project developments included progress on the permitting process for Proyecto Touro and the receipt of environmental approval for the San Dionisio deposit, paving the way for future mining expansion. These advancements, alongside the company’s recent inclusion in the FTSE 250 Index, reinforce Atalaya’s strategic position in a copper market that remains tight due to ongoing global geopolitical uncertainty.
While Atalaya benefits from a strong balance sheet, low debt, and supportive technical and corporate factors, risks remain. Notably, the company is facing negative free cash flow, and current valuation metrics may limit near-term share price upside.
About Atalaya Mining
Atalaya Mining Copper, S.A. is a copper-focused mining company listed on the London Stock Exchange under the ticker ATYM. Following its recent re-domiciliation to Spain, the company has been added to the FTSE UK Index Series, including the FTSE 250. Atalaya is primarily engaged in copper production, with ongoing efforts to expand its mining footprint and enhance operational scale.