Jupiter Mines Reports Strong FY2025 Profit as Tshipi é Ntle Manganese Mine Delivers Record Results
ASX-listed Jupiter Mines has reported a net profit of $40.1 million for the financial year ended June 30, 2025, up from $38.9 million in the 2024 financial year.
The company’s 49.9% stake in Tshipi é Ntle Manganese Mining, which owns and operates the Tshipi Borwa mine in South Africa’s Northern Cape province, contributed $42.5 million to Jupiter’s profit, compared with $40 million in the prior year.
Jupiter highlighted that Tshipi é Ntle achieved record performance across sales, mining, and material processing. The average manganese price received during the year was $4.02 per dry metric ton unit (dmtu), slightly above the $3.98/dmtu recorded in FY2024.
Tshipi é Ntle’s board has declared a final dividend of R300 million for the second half of the financial year, with Jupiter’s share amounting to R142.2 million ($12.2 million).
Subsequently, Jupiter Mines will distribute a $0.0075 per share dividend to its shareholders, totaling $14.7 million for the period.
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