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CMT Returns to Profitability in 2025: 18% Revenue Surge and Margin Expansion
CMT posted a strong financial rebound in 2025, with revenue climbing 18% to 690 million dirhams and net profit reaching 196 million dirhams after a return to profitability. Operating profit rose 30% to 388 million dirhams, while the operating margin improved to 56%. The company also advanced key development projects, including the Ighrem Aousser well and the Tabaroucht copper initiative, and secured NI 43-101 certification for its Tighza reserves.
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Financial Highlights
The consolidated revenue reached 690 MDH in 2025, up 18% compared to 2024, driven by strong metal price movements, notably a 75% rise in silver and a 4% increase in zinc.
Operating profit grew to 388 MDH, a 30% increase year‑on‑year, pushing the operating margin to 56% from 51% the previous year. Net profit stood at 196 MDH, marking a return to profitability after a 12 MDH improvement.
Key Operational Projects
- Commissioning of the new Ighrem Aousser well at the Tighza site, boosting production capacity.
- Progress on the Tabaroucht copper project, with environmental impact study approval and feasibility study underway.
- Mineral reserve certification at Tighza under the international NI 43‑101 standard, conducted by independent firm SGS Canada.
These achievements reflect CMT’s strategy to expand its portfolio of strategic metals, reinforce industrial efficiency, and integrate sustainability criteria into its growth plan.