STRATA
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OperationsSix assets · four commodities Resources & ReservesJORC 2012 dashboard Mine SiteInteractive site model CommoditiesIron · Lithium · Copper · Gold SustainabilityESG performance CommunityLocal & First Nations InvestorsASX: SMG ContactInvestor relations
Aerial view of an open pit mine
Haul road cut through ore benches
Aerial view of a mine site and processing plant
Benched walls of an open cut mine

ASX: SMG · FY26 Results Released 18 Aug

The materials the next century is built from.

A diversified Australian producer of iron ore, lithium, copper and gold. Six operating assets, 1.9 billion tonnes of measured and indicated resource, and a 21-year reserve life at current rates.

0FY26 production
0M&I resource
0Reserve life
0People employed
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The Group · Established 1978

Long-life assets,
short lines of accountability.

Strata operates on the principle that a mine is a forty-year commitment to a place. Every asset we hold, we built or rebuilt ourselves — no acquired liabilities we have not walked, no closure plan we did not write with the people who live beside it.

Today that is six operations across four states, a wholly owned port and rail corridor, and a balance sheet that has carried no net debt for eleven consecutive half-years.

Haul trucks working an open pit
Portrait of a mine worker
48Years operating
0Operating assets
0Commodities
0TRIFR (per m/hrs)
$0FY26 revenue

Asset Portfolio

Six operations. One corridor.

Select an asset to see ownership, production, grade and remaining mine life — the same figures that sit in the quarterly.

WESTERN AUSTRALIA QUEENSLAND NSW / VIC INDIAN OCEAN
◆ OperatingRail corridor 412 kmMap indicative only

Resources & Reserves

The statement, not the summary.

Reported in accordance with the JORC Code (2012). Switch commodity to see the measured, indicated and inferred split, the contained metal and the reserve life behind it.

As at 30 June 2026 · JORC 2012 · Competent Person: R. Ellery, MAusIMM
Total resource
Average grade
Contained metal
0 Years reserve life
At FY26 production rates, ore reserves only. Resource conversion not assumed.
Mine life
Strip ratio
C1 cost
Rounding may cause minor discrepancies. Prior-year comparatives restated for the Belara acquisition.

Karrindal Iron Ore Hub · Site Model

One site, layer by layer.

Toggle the layers to see how the pit, the infrastructure, the water circuit and the rehabilitation footprint sit on top of each other. Hover any marker for the numbers.

34 MtpaNameplate
2 041 haDisturbed
412 kmTo port
REHAB · 486 ha TSF CELL 3 STAGE 4 PIT · RL −180 m RAIL LOAD-OUT → TANDU PORT

What We Produce

Four products, one logistics spine.

Product specifications →
Crushed iron ore rock

Iron Ore Fe

62.1% Fe fines and lump, shipped from our own berth at Tandu. Low phosphorus, low alumina, contracted three years forward.

FY26 output34.2 Mt
Brine evaporation pans

Lithium Li₂O

6.0% spodumene concentrate from Yandara, with an offtake to two cathode makers and a hydroxide study at DFS stage.

FY26 output486 kt
Copper-bearing rock surface

Copper Cu

Concentrate at 24% Cu with a payable gold credit, trucked to Townsville. First quartile on the global cost curve.

FY26 output92 kt
Gold-bearing quartz rock

Gold Au

Doré poured on site at Belara, refined in Perth. Unhedged, with 41% of the resource still open at depth.

FY26 output212 koz

Sustainability Performance

Targets with dates on them.

Assured to ISAE 3000 by Ernst & Young. Where we are behind, the bar below shows it.

Rows of tree saplings on rehabilitated land
Karrindal · North waste dump486 hectares returned to native cover
Processing plant lit at night
Yandara · Concentrator71% renewable power
Grassed land under blue sky
Mount Sabre · Water88% of water recycled on site

People & Communities

A mine is a forty-year neighbour.

Six registered Traditional Owner agreements, 34% of the workforce hired within 200 km of a site, and a closure plan lodged before first blast on every asset we hold.

0Local hire rate
0First Nations employment
0Local procurement FY26
0TO agreements registered

Investor Centre

Everything the market has been told.

$0.00
▲ 0.00 (0.00%)
ASX: SMG
20 min delayed
$8.4bMarket cap
6.2%Dividend yield
4.1×EV / EBITDA

Board & Executive

Accountable, and reachable.

Full board & committees →
Portrait of the chief executive

Marcus Boyd

Managing Director & CEO
Portrait of the chief financial officer

Priya Raghunathan

Chief Financial Officer
Portrait of the chief geologist

Dr. Rowan Ellery

Chief Geologist · Competent Person
Portrait of the head of sustainability

Tomas Iharo

EGM Sustainability & Communities

Questions We Get Asked

The direct answers

Excavator working a mine face

Investor Relations

Talk to someone who reads the drill logs.

Institutional enquiries, site visit requests, media and community questions all reach a named person here — not a shared inbox.

  • Investor relations · Level 14, 118 St Georges Terrace, Perth WA 6000
  • Site visits arranged quarterly for institutional holders
  • Community and grievance line answered within two business days
  • Supplier registration open to businesses within 200 km of any site

Responses within one business day. This form does not constitute a disclosure request under the ASX Listing Rules.

Enquiry logged.

Reference SMG-0000 — investor relations will respond within one business day.