MAC Copper Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:MTAL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
09 Sep 24	SellUS$518,000	Rasmus Kristoffer Gerdeman	Individual	50,000	US$10.36
06 Sep 24	BuyUS$25,380	Patrice Merrin	Individual	2,500	US$10.15
01 Jul 24	BuyUS$27,158	Patrice Merrin	Individual	2,500	US$10.86

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of MTAL?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	542,686	0.658%
Individual Insiders	2,040,384	2.47%
Public Companies	14,000,000	17%
General Public	25,935,834	31.4%
Institutions	39,969,292	48.5%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.5%.

Top Shareholders

Top 25 shareholders own 63.42% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.1%	Glencore plc	10,000,000	US$101.5m	0%	no data
9.72%	BlackRock, Inc.	8,019,106	US$81.4m	19.4%	no data
6.85%	Cbus Industry Superannuation Fund	5,652,400	US$57.4m	0%	2.11%
6.29%	Fourth Sail Capital LP	5,185,005	US$52.6m	0%	10.46%
4.85%	OR Royalties Inc.	4,000,000	US$40.6m	0%	no data
3.48%	SailingStone Capital Partners LLC	2,870,414	US$29.1m	9%	6.24%
2.53%	Bluescape Energy Partners, LLC	2,083,333	US$21.1m	0%	4.61%
2.32%	Mirae Asset Global Investments Co., Ltd.	1,914,921	US$19.4m	2.65%	0.01%
2.2%	Michael James McMullen	1,812,342	US$18.4m	0.02%	no data
1.69%	Wellington Management Group LLP	1,390,362	US$14.1m	22.8%	no data
1.54%	Sprott Inc.	1,269,599	US$12.9m	-3.39%	0.44%
1.26%	Milford Asset Management, LTD	1,036,028	US$10.5m	0%	0.16%
1.19%	The Vanguard Group, Inc.	981,534	US$10.0m	1.09%	no data
1.09%	State Street Global Advisors, Inc.	899,326	US$9.1m	-0.02%	no data
0.92%	Norges Bank Investment Management	762,572	US$7.7m	0%	no data
0.85%	Geode Capital Management, LLC	701,507	US$7.1m	0.87%	no data
0.75%	Ninety One UK Limited	619,317	US$6.3m	0.55%	0.01%
0.71%	Argo Investments Limited	588,236	US$6.0m	0%	0.12%
0.66%	Schroder Investment Management North America Inc.	547,964	US$5.6m	6.55%	0.02%
0.53%	Mudita Advisors Llp	435,400	US$4.4m	38.3%	1.94%
0.43%	Black Mountain Storage Llc	356,689	US$3.6m	0%	no data
0.43%	Fidelity International Ltd	352,785	US$3.6m	3.26%	no data
0.4%	Northern Trust Global Investments	331,000	US$3.4m	-2.38%	no data
0.3%	UBS Asset Management AG	250,451	US$2.5m	-1.15%	no data
0.3%	Apollo Global Management, Inc.	249,688	US$2.5m	0%	0.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/25 18:52
End of Day Share Price	2025/05/23 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MAC Copper Limited is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Benjamin Brayshaw	Barrenjoey Markets Pty Limited
April Lowis	Barrenjoey Markets Pty Limited
Glyn Lawcock	Barrenjoey Markets Pty Limited