Ecora Royalties (LSE:ECOR) reported a 75% increase in portfolio contribution to $31.3 million for the first half of 2026, while royalty and streaming revenue more than doubled from the prior-year period.

The company said the increase was primarily driven by its base metals exposure. Adjusted earnings rose more than fivefold, while free cash flow increased and net debt declined to $74.9 million.

Ecora also increased its interim dividend following the first-half performance.

Voisey’s Bay and Copper Assets Support Portfolio Contribution

Operational activity during the period included the ramp-up of cobalt production at Voisey’s Bay and higher realised copper prices at Mantos Blancos and Mimbula.

Ecora’s portfolio partners also continued work on several development projects, including Santo Domingo, Nifty and Cañariaco, as well as the Phalaborwa rare earths study.

The company said cash generation and debt reduction remain areas of focus as it develops its portfolio of royalty and streaming interests.

Portfolio Focuses on Critical Minerals

Ecora’s portfolio includes exposure to copper, cobalt, uranium, vanadium and other commodities. Copper represents a central part of the company’s portfolio strategy.

The group provides financing to mining projects in exchange for royalty and streaming interests, giving it exposure to production and commodity prices without directly operating the underlying mines.

More About Ecora Royalties

Ecora Royalties PLC is a London- and Toronto-listed royalty and streaming company focused on critical minerals.

Its portfolio spans commodities including copper, cobalt, uranium and vanadium, with underlying projects associated with markets including electrification, infrastructure, energy and industrial applications.