The company said net income attributable to common stock for Q2 2026 was $984 million ($0.68 per share), and adjusted net income was $1.1 billion ($0.74 per share). It said the after-tax net charges excluded from adjusted results totaled $96 million, mainly idle facility and restoration costs tied to the September 2025 mud rush incident at PTFI.

1. 01

   The company said net income attributable to common stock for Q2 2026 was $984 million ($0.68 per share), and adjusted net income was $1.1 billion ($0.74 per share). It said the after-tax net charges excluded from adjusted results totaled $96 million, mainly idle facility and restoration costs tied to the September 2025 mud rush incident at PTFI.

2. 02

   The company said operating cash flows for Q2 2026 totaled $2.0 billion, net of $0.6 billion of working capital and other uses. It also said that, assuming prices of $6.00 per pound of copper and other price assumptions for the second half of 2026, operating cash flows for the year are expected to approximate $8.3 billion.

3. 03

   The company said PTFI achieved its planned operating rates during the phased ramp-up in Q2 2026. It expects PTFI's overall production rate to approximate 65% in the second half of 2026, 80% in the middle of 2027, and full capacity by the end of 2027.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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