REG - Aterian PLC - Q4 2025 Rwanda Trading Update

AterianAnnouncement

05/01/2026 07:00

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RNS Number : 5323N  Aterian PLC  05 January 2026

05 January 2026

Aterian Plc

("Aterian" or the "Company")

Q4 2025 Rwanda Trading Update

 

Aterian plc, the critical mineral exploration and development company focused
on Africa, is pleased to announce that its Rwandan mineral trading operations
continue to grow and generated an unaudited gross profit of approximately
US$145,000 during the fourth quarter ended 31 December 2025.

This gross performance reflects continued regular progress in the Company's
strategy to complement its exploration portfolio with near-term,
cash-generative trading activities, focused exclusively on responsibly sourced
and fully traceable mineral supply chains. Trading volumes during the period
were unfortunately below management's target levels as the emphasis remained
on maintaining high traceability compliance and general margin discipline but
are anticipated to recover in Q1 2026.

Aterian Executive Chairman Charles Bray commented:

"Importantly, the trading business has demonstrated its potential to generate
meaningful gross margins. We believe that the performance achieved in Q4 2025
demonstrates the viability of the Company's trading model and provides a
foundation for the measured scaling of volumes during 2026, subject to working
capital availability and market conditions.

Critically, Aterian has continued to make deliberate progress in establishing
a fully traceability-compliant mineral trading business, aligned with OECD and
RMI guidance and designed to meet the increasingly stringent requirements of
international buyers, financiers, and regulators. This capability is
strategically important: it differentiates the Company and positions Aterian
as a credible supplier of responsibly sourced materials into international
markets."

The Company will provide further updates on its trading operations and
strategic developments as appropriate.

- ENDS -

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

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Aterian Plc:

Charles Bray, Executive Chairman - charles.bray@aterianplc.com
(mailto:charles.bray@aterianplc.com)

Simon Rollason, Director - simon.rollason@aterianplc.com
(mailto:simon.rollason@aterianplc.com)

 

Financial Adviser and Joint Broker:

AlbR Capital Limited

David Coffman / Dan Harris

Colin Rowbury

Tel: +44 (0)207 7469 0930

 

Joint Broker:

SP Angel Corporate Finance LLP

Ewan Leggat / Adam Cowl

Tel: +44 20 3470 0470

 

Financial PR:

Bald Voodoo - ben@baldvoodoo.com (mailto:ben@baldvoodoo.com)

Ben Kilbey

Tel: +44 (0)7811 209 344

 

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Notes to Editors:

 

About Aterian plc

 

www.aterianplc.com (http://www.aterianplc.com)

 

Aterian plc is an LSE-listed exploration and development company with a
diversified African portfolio of critical metals projects.

Aterian plc is actively seeking to acquire and develop new critical metal
resources to strengthen its existing asset base while supporting ethical and
sustainable supply chains as the world transitions to a sustainable, renewable
future. The supply of these metals is vital for developing the renewable
energy, automotive, and electronic manufacturing sectors, which are
increasingly important in reducing carbon emissions and meeting global climate
ambitions.

 

Aterian has a portfolio of multiple copper-silver (+ gold) and base metal
projects in Morocco. Aterian holds a 90% interest in Atlantis Metals, a
private Botswana-registered company holding ten mineral prospecting licences
for copper-silver in the world-renowned Kalahari Copperbelt and three for
lithium brine exploration in the Makgadikgadi Pans region. The Company holds
an exploration licence in southern Rwanda, where it is evaluating the tantalum
and niobium opportunity, in addition to further exploring for pegmatite-hosted
lithium.

 

The Company's strategy is to seek new exploration and production opportunities
across the African continent and to develop new sources of critical mineral
assets for exploration, development, and trading.

 

 

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