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IN BRIEF: Aterian’s Rwandan trading volumes below management target

ALN

Aterian PLC - London-based critical mineral exploration and development company focused on Africa - Rwandan mineral trading operations generate gross profit of $145,000 during the fourth quarter ended December. However, trading volumes are below management’s target levels reflecting an emphasis on ‘maintaining high traceability compliance and general margin discipline.’ They are anticipated to recover in the first quarter of 2026.

‘Importantly, the trading business has demonstrated its potential to generate meaningful gross margins. We believe that the performance achieved in Q4 2025 demonstrates the viability of the company’s trading model and provides a foundation for the measured scaling of volumes during 2026, subject to working capital availability and market conditions,’ says Aterian Executive Chair Charles Bray.

Current stock price: 23.40 pence, up 1.7% in London on Monday

12-month change: down 50%

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