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Altius Reports 2023 Attributable Royalty Revenue of $73.9M and Adjusted Earnings(1) of $11.2M
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Altius Reports 2023 Attributable Royalty Revenue of $73.9M and Adjusted Earnings(1) of $11.2M
Altius recorded its first lithium royalty revenue on the Grota do Cirilo asset this year, with two others (Tres Quebradas and Mariana) expected to start production in 2024. Lithium Royalty Corporation, of which Altius is a minority shareholder, also completed an IPO during the year and added significant liquidity that it has been successfully turning into new royalties as lithium market deployment conditions have become more attractive.
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