Altius Minerals Reports Q1 Earnings with Strong Royalty Revenue Growth
Altius Minerals reported CAD 27 million in royalty revenue and adjusted EBITDA of CAD 20 million for the first quarter, driven by higher realized prices, increased electricity royalties, and new lithium royalties. The company highlighted improved lithium exposure following its acquisition of Lithium Royalty Corp., which closed on March 6.
Topics: dividend policy electricity royalties lithium acquisition royalty revenue