{"id":477841,"date":"2021-04-19T07:53:11","date_gmt":"2021-04-19T11:53:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/altius-reports-first-quarter-2021-expected-attributable-royalty-revenue-of-approximately-17-7-million\/"},"modified":"2021-04-19T07:53:11","modified_gmt":"2021-04-19T11:53:11","slug":"altius-reports-first-quarter-2021-expected-attributable-royalty-revenue-of-approximately-17-7-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/altius-reports-first-quarter-2021-expected-attributable-royalty-revenue-of-approximately-17-7-million\/","title":{"rendered":"Altius Reports First Quarter 2021 Expected Attributable Royalty Revenue of Approximately $17.7 million"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwnowrap { white-space: nowrap }\n.bwpadl0 { padding-left: 0px }\n.bwpadl2 { padding-left: 10px }\n.bwpadl4 { padding-left: 20px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Altius Reports First Quarter 2021 Expected Attributable Royalty Revenue of Approximately $17.7 million<\/b><\/p>\n<p>ST. JOHN\u2019S, Newfoundland and Labrador&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX)<\/b> (\u201cAltius\u201d or the \u201cCorporation\u201d) expects to report attributable quarterly royalty revenue<sup>\u2020<\/sup> of approximately $17.7 million ($0.43 per share) for the first quarter ended March 31, 2021. This compares to quarterly revenues of $16.3 million ($0.39 per share) in Q1 2020.\n<\/p>\n<p>\nBase metal (primarily copper) revenue of $7.6 million, or 43% of total royalty revenue, was positively impacted by improved prices but was offset during the quarter by the unplanned production interruption at Chapada in Q4 2020 that was partially reflected in Q1 2021 stream sales due to normal product delivery and sales lags. Revenue from both 777 and Voisey\u2019s Bay was higher on a year over year comparable period basis on the strength of improved commodity prices. A nominal payment was received from Gunnison from sales of copper recovered during start-up operations to mark first royalty revenue from this asset.\n<\/p>\n<p>\nPotash revenue of $4.0 million, or 23% of total revenue, began to reflect the benefits of recent price improvements but was lower than during the year ago comparable quarter, which included a one-time addition of $690,000 related to a reconciliation of prior period payments.\n<\/p>\n<p>\nIron ore revenue of $2.9 million, or 16% of total royalty revenue, compares to $1.0 million in Q1 2020. The earlier period included royalty-based income only as the mine operator, Iron Ore Company of Canada (\u201cIOC\u201d), elected to temporarily withhold quarterly operating level distributions in light of uncertainties at the time related to potential Covid-19 impacts. IOC then made a large \u201ccatch up\u201d distribution in Q4 2020.\n<\/p>\n<p>\nChampion Iron Ore announced the closing of the acquisition of the Kami iron ore project during the quarter and has begun work to update its prior positive feasibility study and revise the project scope. Kami is located nearby to the south of IOC\u2019s operations and to the east of Champion\u2019s Bloom Lake operations and is subject to a 3% gross sales royalty in favour of Altius.\n<\/p>\n<p>\nThermal coal revenue of $2.9 million, or 17% of total royalty revenue, compares to $2.5 million in Q1 2020. Production levels from the Genesee mine were comparable to the prior year period but were considerably lower at Sheerness, which is approaching planned closure. The increase in revenue over the prior comparable period reflects a higher year over year ownership interest in the partnership that holds the royalties.\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0 bwnowrap\" rowspan=\"1\" colspan=\"1\"><b>Summary of attributable royalty revenue<br \/>(in thousands of Canadian dollars)<\/b><\/td>\n<td class=\"bwsinglebottom bwnowrap\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwvertalignm bwsinglebottom bwpadl0 bwnowrap\" rowspan=\"1\" colspan=\"1\"><b>Three months ended<br \/>March 31, 2021<\/b><\/td>\n<td class=\"bwsinglebottom bwnowrap\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwvertalignm bwsinglebottom bwpadl0 bwnowrap\" rowspan=\"1\" colspan=\"1\"><b>Three months ended<br \/>December 31, 2020<\/b><\/td>\n<td class=\"bwsinglebottom bwnowrap\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwvertalignm bwsinglebottom bwpadl0 bwnowrap\" rowspan=\"1\" colspan=\"1\"><b>Three months ended<br \/>March 31, 2020<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignm bwpadl4\" rowspan=\"1\" colspan=\"1\">Base metals<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$7,627\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$6,790\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$6,559\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignm bwpadl4\" rowspan=\"1\" colspan=\"1\">Iron ore <sup>(1)<\/sup><\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$2,874\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$5,173\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$1,006\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignm bwpadl4\" rowspan=\"1\" colspan=\"1\">Potash<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$4,030\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$3,022\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$4,406\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignm bwpadl4\" rowspan=\"1\" colspan=\"1\">Thermal (electrical) coal<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$2,926\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$6,309\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$2,513\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignm bwpadl4\" rowspan=\"1\" colspan=\"1\">Metallurgical coal<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$58\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$265\n<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$590\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignm bwsinglebottom bwpadl4\" rowspan=\"1\" colspan=\"1\">Other royalties and interest<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwsinglebottom bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$194\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwsinglebottom bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$400\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwpadl0 bwsinglebottom bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$1,205\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignm bwsinglebottom bwpadl2\" rowspan=\"1\" colspan=\"1\"><b>Attributable royalty revenue<\/b><\/td>\n<td class=\"bwsinglebottom bwpadl2\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwsinglebottom bwpadr0 bwvertalignb bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$17,709<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl2\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwsinglebottom bwpadr0 bwvertalignb bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$21,959<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl2\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwalignr bwsinglebottom bwpadr0 bwvertalignb bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$16,279<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" class=\"bwalignl bwvertalignb bwpadl2\" rowspan=\"1\">See non-IFRS measures section of our MD&amp;A for definition and reconciliation of attributable royalty revenue<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" class=\"bwalignl bwvertalignb bwpadl2\" rowspan=\"1\"><sup>(1) <\/sup>Labrador Iron Ore Royalty Corporation dividends received<\/td>\n<\/tr>\n<\/table>\n<p><b>First Quarter 2021 Financial Results Conference Call and Webcast Details <\/b><\/p>\n<p>\nAdditional details relating to individual royalty performances and asset level developments will be provided with the release of full financial results, which will occur on May 11, 2021 after the close of market, with a conference call to follow on May 12, 2021.\n<\/p>\n<p><b>Date:<\/b> May 12, 2021<br \/>\n<br \/><b>Time:<\/b> 9:00 AM ET<br \/>\n<br \/><b>Toll Free Dial-In Number:<\/b> +1(866) 521-4909<br \/>\n<br \/><b>International Dial-In Number: <\/b>+1(647) 427-2311<br \/>\n<br \/><b>Conference Call Title and ID:<\/b> Altius Q1 2021 Results, ID 9393768<br \/>\n<br \/><b>Webcast Link:<\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fonlinexperiences.com%2Fscripts%2FServer.nxp%3FLASCmd%3DAI%3A4%3BF%3AQS%2110100%26ShowUUID%3D83B0A7AF-8646-4761-BD77-D3E40E762FD4&amp;esheet=52413605&amp;newsitemid=20210419005469&amp;lan=en-US&amp;anchor=https%3A%2F%2Fonlinexperiences.com%2Fscripts%2FServer.nxp%3FLASCmd%3DAI%3A4%3BF%3AQS%2110100%26amp%3BShowUUID%3D83B0A7AF-8646-4761-BD77-D3E40E762FD4&amp;index=1&amp;md5=0d83e870ef2e085e357931cb1022458c\">https:\/\/onlinexperiences.com\/scripts\/Server.nxp?LASCmd=AI:4;F:QS!10100&amp;ShowUUID=83B0A7AF-8646-4761-BD77-D3E40E762FD4<\/a><\/p>\n<p><sup>\u2020<\/sup>Attributable royalty revenue is a non-IFRS measure and does not have any standardized meaning prescribed under IFRS. For a detailed description and examples of the reconciliation of this measure, please see the Corporation\u2019s MD&amp;A disclosures for prior quarterly and annual reporting periods, which are available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Faltiusminerals.com&amp;esheet=52413605&amp;newsitemid=20210419005469&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.altiusminerals.com&amp;index=2&amp;md5=f755fd712f94384dba13f6cd083300be\">https:\/\/www.altiusminerals.com<\/a><\/p>\n<p><b>About Altius <\/b><\/p>\n<p><span style=\"font-weight:normal\">Altius\u2019s strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These each hold the potential to cause increased demand for many of Altius\u2019s commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. Altius has 41,415,245 common shares issued and outstanding that are listed on Canada\u2019s Toronto Stock Exchange. It is a member of both the S&amp;P\/TSX Small Cap and S&amp;P\/TSX Global Mining Indices.<\/span><\/p>\n<p><b>Forward-Looking Information<\/b><\/p>\n<p><span style=\"font-weight:normal\">This news release contains forward<\/span>&#8211;<span style=\"font-weight:normal\">looking information. The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management&#8217;s expectations. In certain cases, forward-looking information may be identified by such terms as &#8220;anticipates&#8221;, &#8220;believes&#8221;, &#8220;could&#8221;, &#8220;estimates&#8221;, &#8220;expects&#8221;, &#8220;may&#8221;, &#8220;shall&#8221;, &#8220;will&#8221;, or &#8220;would&#8221;. Although Altius believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Readers should not place undue reliance on forward-looking information. Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulation. <\/span><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210419005469r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210419005469\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210419005469\/en\/<\/a><\/span><\/p>\n<p><b>Flora Wood<br \/>\n<\/b><br \/>Email: <a rel=\"nofollow\" href=\"mailto:Fwood@altiusminerals.com\"><b>Fwood@altiusminerals.com<br \/>\n<\/b><\/a><br \/>Tel: 1.877.576.2209<br \/>\n<br \/>Direct: +1(416)346.9020\n<\/p>\n<p><b>Ben Lewis<br \/>\n<\/b><br \/>Email: <a rel=\"nofollow\" href=\"mailto:Blewis@altiusminerals.com\"><b>Blewis@altiusminerals.com<br \/>\n<\/b><\/a><br \/>Tel: 1.877.576.2209\n<\/p>\n<p><b>KEYWORDS:<\/b> North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Natural Resources Other Natural Resources Mining\/Minerals<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210419005469\/en\/826971\/3\/Artboard_3-100.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Altius Reports First Quarter 2021 Expected Attributable Royalty Revenue of Approximately $17.7 million ST. JOHN\u2019S, Newfoundland and Labrador&#8211;(BUSINESS WIRE)&#8211;Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (\u201cAltius\u201d or the \u201cCorporation\u201d) expects to report attributable quarterly royalty revenue\u2020 of approximately $17.7 million ($0.43 per share) for the first quarter ended March 31, 2021. This compares to quarterly revenues of $16.3 million ($0.39 per share) in Q1 2020. Base metal (primarily copper) revenue of $7.6 million, or 43% of total royalty revenue, was positively impacted by improved prices but was offset during the quarter by the unplanned production interruption at Chapada in Q4 2020 that was partially reflected in Q1 2021 stream sales due to normal product delivery and sales lags. Revenue from both &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altius-reports-first-quarter-2021-expected-attributable-royalty-revenue-of-approximately-17-7-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Altius Reports First Quarter 2021 Expected Attributable Royalty Revenue of Approximately $17.7 million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-477841","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Altius Reports First Quarter 2021 Expected Attributable Royalty Revenue of Approximately $17.7 million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altius-reports-first-quarter-2021-expected-attributable-royalty-revenue-of-approximately-17-7-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Altius Reports First Quarter 2021 Expected Attributable Royalty Revenue of Approximately $17.7 million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Altius Reports First Quarter 2021 Expected Attributable Royalty Revenue of Approximately $17.7 million ST. JOHN\u2019S, Newfoundland and Labrador&#8211;(BUSINESS WIRE)&#8211;Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (\u201cAltius\u201d or the \u201cCorporation\u201d) expects to report attributable quarterly royalty revenue\u2020 of approximately $17.7 million ($0.43 per share) for the first quarter ended March 31, 2021. This compares to quarterly revenues of $16.3 million ($0.39 per share) in Q1 2020. Base metal (primarily copper) revenue of $7.6 million, or 43% of total royalty revenue, was positively impacted by improved prices but was offset during the quarter by the unplanned production interruption at Chapada in Q4 2020 that was partially reflected in Q1 2021 stream sales due to normal product delivery and sales lags. 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JOHN\u2019S, Newfoundland and Labrador&#8211;(BUSINESS WIRE)&#8211;Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (\u201cAltius\u201d or the \u201cCorporation\u201d) expects to report attributable quarterly royalty revenue\u2020 of approximately $17.7 million ($0.43 per share) for the first quarter ended March 31, 2021. This compares to quarterly revenues of $16.3 million ($0.39 per share) in Q1 2020. Base metal (primarily copper) revenue of $7.6 million, or 43% of total royalty revenue, was positively impacted by improved prices but was offset during the quarter by the unplanned production interruption at Chapada in Q4 2020 that was partially reflected in Q1 2021 stream sales due to normal product delivery and sales lags. 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