Earnings release
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ANGLO PACIFIC News Release 6 May 2021 Kestrel Narrabri Mantos Blancos Maracás Menchen Anglo Pacific Group PLC ( " Anglo Pacific " , the “ Company " or the “ Group " ) ( LSE : APF , TSX : APY ) , is pleased to provide the following trading update for the period 1 January 2021 to 5 May 2021. Unless otherwise stated , all unaudited financial information is for the quarter ended 31 March 2021 . Four Mile Royalty income Anglo Pacific Group PLC Q1 2021 Trading Update As previously announced , the Group completed the transformational U $ 205m acquisition of a cobalt stream from the Voisey's Bay mine during Q1 2021 , the Group's largest and most significant transaction , pivoting the business from its coal heritage towards 21st century commodities that support a more sustainable future . LIORC dividends Interest - McClean Lake The Group's total portfolio contribution reduced to £ 6.8m for Q1 2021 , in large part reflecting the impact of the previously announced disposal of ~ 75 % of its holding in LIORC to partially finance the Voisey's Bay acquisition . Revenue from the stream has commenced in Q2 2021 . Highlights Royalty related revenue EVBC Principal repayment - McClean Lake Total portfolio contribution Q1 2021 £ m 3.4 0.6 1.0 0.4 5.4 0.6 0.4 6.4 0.4 6.8 QoQ % ( 10.5 % ) ( 33.3 % ) ( 100 % ) ( 12.9 % ) ANGLO PACIFIC GROUP PLC 1 Savile Row ( entrance via 7 Vigo Street ) London W1S 3JR United Kingdom ( 83.8 % ) T +44 ( 0 ) 20 3435 7400 F +44 ( 0 ) 20 7629 0370 ( 37.9 % ) e info@anglopacificgroup.com w www.anglopacificgroup.com ( 33.3 % ) ( 100 % ) ( 39.3 % ) Q4 2020 £ m 3.8 0.6 1.0 0.6 0.2 6.2 3.7 0.4 10.3 0.6 0.3 11.2 Q1 2020 £ m 8.3 0.6 0.6 0.5 0.1 10.1 0.9 0.4 11.4 0.5 0.4 12.3 All of the Group's producing assets are now back in operation , following the recommencement of activities at the McClean Lake Mill after a period of COVID - 19 related care and maintenance