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Kumba Iron Ore forecasts a 23% profit rise in 2025, driven by higher sales and export prices.
Kumba Iron Ore, South Africa’s top iron ore producer, expects a 23% profit increase for 2025, with earnings between 13.9 billion and 15.33 billion rand, driven by higher sales volumes and a rise in average export prices to $95 per metric ton.
Sales reached 37 million tonnes, up 2% from 2024, supported by strong global demand, especially from China.
On-mine stockpiles fell to 5.7 million tonnes due to improved rail logistics, while port inventories rose to 1.8 million tonnes.
The company plans to release full financial results on February 19, 2026.
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Kumba Iron Ore prevé un aumento del 23% en los beneficios en 2025, impulsado por el aumento de las ventas y los precios de exportación.