Kropz Plc (AIM:KRPZ) closed the period to 31 March 2026 with a record monthly haul at its Elandsfontein mine — 40,792 tonnes of phosphate concentrate in March. Quarterly production was 115,686 tonnes, an 11% increase on the prior quarter, and sales for the period totalled 104,900 tonnes; the mine remains in its trial production phase.
September 2025 had been the previous monthly record at 34,070 tonnes. The company says four additional production records were set during the final six months of the financial year ended 31 March 2026, signalling a sustained uplift in output.
At the Hinda project, Kropz (AIM:KRPZ) completed stress testing and alternative production studies that it says have cut the complexities linked to surface and underground water. "Therefore, management no longer considers water-related challenges to pose a material risk, contributing to improved overall project profitability," Kropz added.
The update contains operational metrics only; the company did not provide revised financial guidance or a next reporting date in this announcement.
