Our approach

Our approach brings together our purpose, strategy, values and The Sandfire Way, which are all underpinned by our Sustainability Framework.

Our purpose

Our purpose reflects the transition of our business into a global copper producer of significance and provides clear direction for our people, motivation, and alignment toward the pursuit of a common goal.

With a demonstrated commitment to the highest safety standards, our strategy is focused on both near-mine and regional opportunities as we seek to leverage our strategic position in the Iberian Pyrite Belt and Kalahari Copper Belt and materially increase the life of our modern processing hubs.

A review of our strategy in FY25 has again highlighted the importance of increasing our reserves. We have ramped-up production at MATSA and Motheo, significantly reduced net debt and modernised our balance sheet with the establishment of our $650 million Corporate Revolver Facility.

As we look to FY26, the successful ramp-up of Motheo beyond its initial nameplate capacity, alongside safe, consistent and predictable performance at MATSA, will see Sandfire well positioned to deliver its highly valued products into an increasingly tight market and further strengthening its financial position.

As the world electrifies, copper will remain the conductor of choice for electrons and we remain optimistic that our metal concentrate will remain in high demand. With our talented team, modern operations, preferred commodity exposure and increasingly strong balance sheet, we have strong foundations to navigate the current global environment with confidence.

Our strategy

An intentionally simple and focused strategy to achieve our purpose.

Our purpose – we mine copper sustainably to energise the future – reflects the transition of our business into a global copper producer of significance and provides a clear direction for our people, motivation, and alignment towards the pursuit of a common goal.

We deliver on our purpose by remaining focused on the core elements of our intentionally simple strategy, which has been designed to safely and sustainably unlock the long-term value of our Assets and grow free cash flow.

Our values guide our behaviours, and define how we work together and inform every decision we make.

The Sandfire Way brings together our purpose, strategy and values, which are all underpinned by our Sustainability Framework. It clearly articulates how we are organised and where accountability sits.

 

Deliver safe, consistent and predictable performance
Reduce our carbon intensity
Increase our reserves
Demonstrate capital discipline

Deliver safe, consistent and predictable performance

We know a safe business is a productive business, and by delivering safe, consistent and predictable performance, we will further enhance our operating credentials.

Reduce our carbon intensity

Climate change presents both a challenge and an opportunity for our Company, and we are committed to reducing our greenhouse gas (GHG) emissions and building climate resilience. By embracing renewable energy and adopting energy-efficient technologies and sustainable practices, we also have an opportunity to lower operating expenses and enhance our reputation.

Increase our reserves

Exploration remains a key component of our strategy, focusing on both near mine and regional opportunities as we seek to leverage our strategic position in the highly prospective Iberian Pyrite and Kalahari Copper Belts

Demonstrate capital discipline

Our disciplined approach to capital management supports our commitment to build a sustainable business as we seek to maximise Total Shareholder Returns (TSR).

Our values

Our values guide our behaviours – they define how we work together and inform every decision we make to achieve our purpose.

Honesty

We act with integrity in all our dealings. We Speak Up and are authentic, open to feedback and respect differing viewpoints.

Respect

We empower and trust one another and communicate effectively within an inclusive culture that sees real value in diversity.

Collaboration

We work within and across teams to achieve our purpose. We are open to new information, ideas and approaches. 

Accountability

We take responsibility for our actions and behaviours. 

Performance

We strive to excel in planning and execution, and we work together to deliver on our shared goals. 

Our value chain

We create value by supplying copper which is used in many aspects of modern life and is a critical metal for global economic growth.

Sandfire Value Chain