Earnings release
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ANGLO PACIFIC News Release 25 October 2021 Kestrel Voisey's Bay Narrabri Mantos Blancos Maracás Menchen Anglo Pacific Group PLC ( “ Anglo Pacific ” , the “ Company " or the " Group " ) ( LSE : APF , TSX : APY ) , issues the following trading update for the period 1 July to 25 October 2021. Unless otherwise stated , all unaudited financial information is for the quarter ended 30 September 2021 . Highlights Four Mile Royalty and stream income Dividends - LIORC & Flowstream Interest - McClean Lake Royalty and stream related revenue Anglo Pacific Group PLC Q3 2021 Trading Update - Record quarterly portfolio contribution EVBC * Principal repayment - McClean Lake Less : Metal streams cost of sales ● Q3 2021 $ m 11.70 ● 6.81 0.52 1.57 0.90 0.10 21.60 1.80 0.61 24.01 0.74 0.51 QoQ % 139 % 23.61 119 % 34 % 11 % 8 % ( 1 % ) ( 9 % ) ( 2 % ) 80 % ( 25 % ) ( 1.65 ) 116 % Q2 2021 $ m 4.90 3.12 0.39 1.41 0.83 0.10 10.75 74 % 1.98 0.62 13.35 0.99 ANGLO PACIFIC GROUP PLC 1 Savile Row ( entrance via 7 Vigo Street ) London W1S 3JR United Kingdom ( 0.77 ) T +44 ( 0 ) 20 3435 7400 F +44 ( 0 ) 20 7629 0370 e info@anglopacificgroup.com w www.anglopacificgroup.com 13.57 9M 2021 $ m 21.47 9.93 1.67 4.32 2.33 0.21 39.93 4.67 1.84 46.43 2.33 0.51 ( 2.42 ) YOY % 19 % 46.85 ( 45 % ) 83 % ( 37 % ) 6 % 10 % 56 % 8 % 2 % Total portfolio contribution * Following the application of IFRS 9 , the royalties received from EVBC are reflected in the fair value movement of the underlying royalty rather than recorded as royalty income . 9M 2020 $ m 18.12 44 % 3.05 2.36 ( 0.13 ) 0.33 23.73 4.40 1.67 29.80 2.17 0.50 32.47 Portfolio contribution of $ 23.6m in Q3 2021 – the highest individual quarter in the Company's history ● Portfolio contribution in the quarter was 180 % higher than Q3 20 and also ahead of that generated in the first six months of 2021 Results benefitted from very high coking coal prices being captured at Kestrel during the third quarter , resulting in revenue of $ 11.7m Current coking coal spot prices are ~ US $ 390 / t , significantly ahead of the average for Q3 21 , suggesting an even stronger quarter to come in Q4