Private company

MAC Copper Ltd

MAC Copper Ltd is a metal mining company.1

Last updated Oct 21, 2026.

Overview

-$81.7MNet income, fiscal 20242
  • IndustryMetal Mining1
  • HeadquartersY91
  • Incorporated inJersey3
  • Business address3Rd Floor, 44 Esplanade, St, St. Helier, Y9 Je4 9Wg3
  • Filer categoryLarge accelerated filer3

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

-14.7%Return on equity2
0.62×Debt to equity2
$62.8MFree cash flow2

Financial statements

Operating income2$77.0M in 2024
-$100.0M-$50.0M0$50.0M$100.0M2022: -$10.0M-$10.0M20222023: -$74.9M-$74.9M2023+652%2024: $77.0M$77.0M2024
Net income2-$81.7M in 2024+227% since 2022
-$150.0M-$100.0M-$50.0M02022: -$25.0M-$25.0M20222023: -$144.6M-$144.6M2023+479%2024: -$81.7M-$81.7M2024−43%
Fiscal year2021202220232024
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 shares229.9M shares271.5M shares2

Compare MAC Copper Ltd with another company

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

  • 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

ItemLatestA year beforeChange
Cash and cash equivalents$171.9M2 Dec 31, 2024$32.4M2 Dec 31, 2023+431.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$28.0M2 Dec 31, 2024$21.5M2 Dec 31, 2023+30.0%
Raw materials$11.6M2 Dec 31, 2024$15.6M2 Dec 31, 2023−25.5%

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:

  1. Feb 5, 2026SCHEDULE 13G/A EDGAR
  2. Nov 21, 2025EFFECT EDGAR
  3. Nov 21, 2025EFFECT EDGAR
  4. Nov 21, 2025EFFECT EDGAR
  5. Nov 5, 2025SCHEDULE 13G EDGAR
  6. Nov 3, 2025SCHEDULE 13D/A EDGAR
  7. Oct 24, 202515-12G EDGAR
  8. Oct 24, 20256-K EDGAR
  9. Oct 15, 2025POS AM EDGAR
  10. Oct 15, 2025POS AM EDGAR
  11. Oct 15, 2025POS AM EDGAR
  12. Oct 14, 2025SCHEDULE 13G/A EDGAR
  13. Oct 14, 2025SCHEDULE 13G/A EDGAR
  14. Oct 10, 20256-K EDGAR
  15. Oct 9, 20256-K EDGAR
  16. Oct 6, 20256-K EDGAR
  17. Aug 29, 20256-K EDGAR
  18. Aug 25, 20256-K EDGAR
  19. Aug 19, 20256-K EDGAR
  20. 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.

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

ClassSymbolExchange
Ordinary Shares, $0.0001 par value per shareMTALNew York Stock Exchange

From the cover page of the 20-F filed Mar 28, 2025 (Section 12(b) of the Exchange Act).4