Jupiter Mines Limited reported a group net profit after tax of $37.6 million for the 12 months ended 30 June 2026, down from $39.9 million in the previous financial year.

The preliminary final report, which remains subject to audit, covers operations at the Tshipi Manganese Mine in the Kalahari manganese field. Jupiter holds a 49.9% beneficial interest in Tshipi é Ntle Manganese Mining Proprietary Limited, which operates the project alongside co-investor Exxaro Resources Limited following the completion of a transaction in February 2026.

Underlying EBITDA for the group fell to $40.1 million in fiscal 2026 from $43.3 million previously. Jupiter's share of profit from the Tshipi joint venture contributed $37.3 million, compared to $42.5 million in fiscal 2025. Marketing fee revenue remained steady at $9.3 million.

Across the 12-month period, Tshipi sold 3.5 million tonnes of manganese ore, matching production volumes and exceeding annual targets through coordinated rail, road, and port logistics. Production costs rose by an average of 4.3% to US$2.40 per dry metric tonne unit free on board, driven primarily by a strengthening South African Rand against the US dollar.

The Tshipi board declared a final dividend of ZAR350 million for the second half of the financial year, of which Jupiter will receive approximately $14.3 million in September. In turn, Jupiter resolved to pay a final dividend of $0.0075 per share for the same period, totaling $14.7 million. The record date is set for 4 September 2026, with payment scheduled for 18 September 2026. Jupiter closed the financial year with $9.3 million in cash, compared to $13.2 million at the end of fiscal 2025.

Read the full announcement: Preliminary Final Report and Appendix 4E - 30 June 2026