Private company
MAC Copper Ltd
MAC Copper Ltd is a metal mining company.1
Last updated Oct 21, 2026.
Overview
- IndustryMetal Mining1
- HeadquartersY91
- Incorporated inJersey3
- Business address3Rd Floor, 44 Esplanade, St, St. Helier, Y9 Je4 9Wg3
- Filer categoryLarge accelerated filer3
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We were first incorporated on July 29, 2022 under the laws of Jersey, Channel Islands as Metals Acquisition Limited. On November 21, 2024, our shareholders passed a special resolution to change the Company’s name from “Metals Acquisition Limited” to “MAC Copper Limited” (the “Name Change”). On November 25, 2024, the Jersey Registrar of Companies issued a Certificate of Incorporation on Change of Name to reflect the Name Change, and our Ordinary Shares began trading on the NYSE under the new name on December 3, 2024.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Financial statements
No quarterly figures reported.
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cost of revenue | $141.2M2 | $223.4M2 | ||
| Operating income | -$10.0M2 | -$74.9M2 | $77.0M2 | |
| Interest | $20.2M2 | $42.8M2 | $78.1M2 | |
| Income before tax | -$25.0M2 | -$159.6M2 | -$79.0M2 | |
| Income tax | -$15.0M2 | $2.7M2 | ||
| Net income | -$25.0M2 | -$144.6M2 | -$81.7M2 | |
| Earnings per share | -$3.772 | -$4.832 | -$1.142 | |
| Earnings per share (diluted) | -$3.772 | -$4.832 | -$1.142 | |
| Shares (weighted, basic) | 6.6M shares2 | 29.9M shares2 | 71.5M shares2 |
No quarterly figures reported.
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash | $955.0K2 | $42.0K2 | $32.4M2 | $171.9M2 |
| Receivables | $53.0K5 | $33.2M2 | $7.3M2 | |
| Inventory | $21.5M2 | $28.0M2 | ||
| Current assets | $296.0K5 | $88.9M2 | $207.9M2 | |
| Total assets | $270.2M5 | $1.3B2 | $1.4B2 | |
| Accounts payable | $927.0K2 | $87.6M2 | $51.0M2 | |
| Short-term debt | $786.0K2 | $68.9M2 | $58.3M2 | |
| Current liabilities | $18.2M5 | $287.4M2 | $186.1M2 | |
| Long-term debt | $380.0M2 | $344.9M2 | ||
| Long-term liabilities | $271.9M5 | $750.0M2 | $666.0M2 | |
| Total liabilities | $290.2M5 | $1.0B2 | $852.1M2 | |
| Retained earnings | -$20.9M5 | -$165.5M2 | -$247.2M2 | |
| Shareholders’ equity | $4.1M2 | -$20.0M2 | $268.0M2 | $555.5M2 |
| Shares outstanding | 50.2M shares6 | 82.4M shares2 |
Corporate structure
MAC Copper Ltd sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of MAC Copper Ltd
- FIL Ltd Filed SCHEDULE 13G/A on MAC Copper Ltd, latest Feb 5, 2026 (2 filings since Nov 5, 2025)
- Glencore plc Filed SCHEDULE 13D/A on MAC Copper Ltd, latest Nov 3, 2025 (5 filings since Jun 22, 2023)
- Fourth Sail Capital LP Filed SCHEDULE 13G/A on MAC Copper Ltd, latest Oct 14, 2025 (6 filings since Jul 10, 2023)
- SPROTT INC. Filed SCHEDULE 13G/A on MAC Copper Ltd, latest Aug 14, 2025 (2 filings since Feb 14, 2024)
- United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Filed SCHEDULE 13G/A on MAC Copper Ltd, latest Aug 5, 2025 (6 filings since Jun 23, 2023)
- BlackRock Filed SCHEDULE 13G/A on MAC Copper Ltd, latest Jul 17, 2025 (8 filings since Oct 6, 2023)
- OR Royalties International Ltd. Filed SCHEDULE 13G/A on MAC Copper Ltd, latest Jul 7, 2025 (2 filings since Jul 17, 2023)
- BlackRock Portfolio Management LLC Filed SCHEDULE 13G/A on MAC Copper Ltd, latest Apr 15, 2025 (2 filings since Feb 7, 2025)
- BALYASNY ASSET MANAGEMENT L.P. Filed SC 13G/A on MAC Copper Ltd, latest Feb 14, 2024
- MAC Copper Ltd Y9
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What MAC Copper Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $171.9M2 Dec 31, 2024 | $32.4M2 Dec 31, 2023 | +431.0% |
Inventory
Former names
- Metals Acquisition LtdDec 23, 2022 to Nov 22, 20243
Filings
174 filings to the SEC since October 2021: 4 annual reports, 34 large holders, 136 other. The latest 20:
- Feb 5, 2026SCHEDULE 13G/A EDGAR
- Nov 21, 2025EFFECT EDGAR
- Nov 21, 2025EFFECT EDGAR
- Nov 21, 2025EFFECT EDGAR
- Nov 5, 2025SCHEDULE 13G EDGAR
- Nov 3, 2025SCHEDULE 13D/A EDGAR
- Oct 24, 202515-12G EDGAR
- Oct 24, 20256-K EDGAR
- Oct 15, 2025POS AM EDGAR
- Oct 15, 2025POS AM EDGAR
- Oct 15, 2025POS AM EDGAR
- Oct 14, 2025SCHEDULE 13G/A EDGAR
- Oct 14, 2025SCHEDULE 13G/A EDGAR
- Oct 10, 20256-K EDGAR
- Oct 9, 20256-K EDGAR
- Oct 6, 20256-K EDGAR
- Aug 29, 20256-K EDGAR
- Aug 25, 20256-K EDGAR
- Aug 19, 20256-K EDGAR
- Aug 18, 20256-K EDGAR
The 174 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- FIL LtdSCHEDULE 13G/A, 2 filings Nov 5, 2025 to Feb 5, 20267
- Glencore plcSCHEDULE 13D/A, 5 filings Jun 22, 2023 to Nov 3, 20258
- Fourth Sail Capital LPSCHEDULE 13G/A, 6 filings Jul 10, 2023 to Oct 14, 20259
- SPROTT INC.SCHEDULE 13G/A, 2 filings Feb 14, 2024 to Aug 14, 202510
- United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation FundSCHEDULE 13G/A, 6 filings Jun 23, 2023 to Aug 5, 202511
- BlackRockSCHEDULE 13G/A, 8 filings Oct 6, 2023 to Jul 17, 202512
- OR Royalties International Ltd.SCHEDULE 13G/A, 2 filings Jul 17, 2023 to Jul 7, 202513
- BlackRock Portfolio Management LLCSCHEDULE 13G/A, 2 filings Feb 7, 2025 to Apr 15, 202514
- BALYASNY ASSET MANAGEMENT L.P.SC 13G/A, 1 filing Feb 14, 202415
SEC filer profile
How MAC Copper Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMAC Copper Ltd1
- CIK0001950246
- Filer statusLarge accelerated filer not an emerging growth company; not a shell company4
- Incorporated inY94
- Fiscal year endsDecember 311
- Industry code (SIC)1000 Metal Mining1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address3Rd Floor, 44 Esplanade, St, St. Helier, Y9 JE4 9WG1
- Phone81769899011
- Shares outstanding82,438,431 shares as of Dec 31, 20244
- AuditorErnst & Young, Sydney, Australia PCAOB ID 1435; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceDec 23, 20221
- Filings194 in all: 6-K (63), 425 (18), 424B3 (15), SCHEDULE 13G/A (14), CORRESP (13), UPLOAD (11), EFFECT (8), POS AM (7)1
All 27 form types
SC 13G/A (6), SC 13G (5), F-4/A (4), SCHEDULE 13G (4), 20-F (3), F-1/A (3), SC 13D/A (3), SEC STAFF LETTER (3), 25-NSE (2), F-1 (2), POS EX (2), 15-12G (1), 20-F/A (1), 8-A12B (1), AW (1), CERT (1), F-4 (1), SC 13D (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (20-F) Mar 28, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, $0.0001 par value per share | MTAL | New York Stock Exchange |
From the cover page of the 20-F filed Mar 28, 2025 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARMAC Copper Ltd filings on SEC EDGAR
- 2SEC EDGARMAC Copper Ltd 10-K for fiscal 2024
- 3SEC EDGARMAC Copper Ltd filings on SEC EDGAR
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- 5SEC EDGARMAC Copper Ltd 10-K for fiscal 2022
- 6SEC EDGARMAC Copper Ltd 10-K for fiscal 2023
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