Greatland Resources reports a post-tax net profit of $862 million from its first full year operating the Telfer mine. The company says the result covers the entire cost of its 2024 acquisition deal for the asset.

Greatland’s financial performance comes as work continues on expanding its projects, including the Havieron development. Outlets focus on different implications of the same figures—some emphasize the scale of the profit and its relationship to the purchase price, while others highlight ongoing development activity—rather than dispute the reported earnings or the status of the projects.