The Ok Tedi Mine Limited (Ok Tedi) has generated an unaudited revenue of K9.3 billion (US$2.3 billion) for the 2025 financial year, highlighting strong performance results for the country.
The company in a statement today said it was ‘pleased to announce an outstanding strong, safe and reliable performance in 2025, reinforcing the company’s disciplined operational execution and its role as Papua New Guinea’s 100% nationally owned mining company.’
In 2025, Ok Tedi delivered production results above target, producing:
• 106,018 tonnes of copper
• 298,350 ounces of gold
• 1,008,346 ounces of silver
Ok Tedi reported unaudited revenue of K9.3 billion (US$2.3 billion) for the year, underpinned by consistent production, favorable metal prices, and prudent cost management.
This performance translated into significant and direct benefits for Papua New Guinea, including:
• Royalties: K178 million
• Taxes: K1.090 billion
• Compensation payments: K99 million
• Training investment: K37 million
• Tax Credit Scheme contributions: K766 million
• Dividends: K1 billion (US$240 million).
• The company also improved its financial resilience by reducing debt from K709 million at the end of 2023 to K370 million, including early repayments.
These results reflect the company’s continued execution of its change in strategic direction over the past 2.5 years, driven by workforce commitment, strong safety performance, and disciplined execution across the entire operation — from pit to port.
Despite experiencing operational challenges during the year, including infrastructure and power-related disruptions, Ok Tedi maintained reliable performance through effective planning, execution of major projects and shutdowns, and a strong focus on operational discipline, OTML said.
In support of its long-term growth strategy, Ok Tedi continued to invest in future opportunities, including the acquisition of Misima Gold project, demonstrating confidence in PNG’s mining sector and the company’s role in its sustainable development, as well as the expansion of Ok Tedi Energy.
As the country celebrates 50 years of Independence, Ok Tedi proudly marks 41 years of contribution to national development, supporting employment, skills development, infrastructure, community investment, and economic growth.
Managing Director and Chief Executive Officer Kedi Ilimbit said the 2025 results highlights the strength of the business and its people.
“2025 has been another exceptional year for Ok Tedi. Our strong performance reflects the discipline, commitment, and professionalism of our workforce and reinforces the value of operating a 100% PNG owned mining company for the benefit of our people.”
“As we move into 2026 under our Disciplined Delivery business theme, we remain focused on safe operations, operational excellence, and long-term value creation under our Growth 2050 strategy.”
Building on its strong 2025 results, Ok Tedi enters 2026 firmly focused on Disciplined Delivery, ensuring the company continues to operate safely, reliably, innovatively, and sustainably while delivering lasting value to Papua New Guinea and future generations.