Freehill Materials & Mining Limited (ASX:FHS) has reported record gross aggregate sales of $623,469 for October 2026, with the Islon plant identified as the primary growth driver across its two Chilean operations.

Key Points

  • October 2026 gross aggregate sales reached a record $623,469, prior to any impact from plant upgrade and expansion works currently underway at Islon.
  • Gross sales increased 23% month-on-month from September's $506,121, and 36% above August's result.
  • The Islon site contributed $484,846 in October sales, while Yerbas Buenas contributed $138,623.
  • September and October sales were converted at 656 Chilean pesos per Australian dollar, compared to 610 pesos per Australian dollar for July and August.

October Sales Performance Across Both Chilean Sites

According to the filing, Freehill's aggregates business in Chile delivered its highest monthly gross sales result to date in October 2026. The Islon plant recorded sales of $484,846 for the month, while Yerbas Buenas contributed $138,623, bringing the combined total to $623,469. The four-month sales profile from July to October 2026 shows aggregate monthly totals of $329,422, $457,162, $506,121 and $623,469 respectively. The company disclosed that production input costs continue to track down alongside the growing revenue base.

Plant Upgrade Works Underway at Islon

The filing states that current operational focus at the Islon site is on implementing plant upgrades, including the integration of an additional vertical shaft impact crusher (VSI) unit, new screening technology, and expanded conveyor capacity. These works are described as aimed at streamlining production, improving material handling, and supporting higher processing volumes. The company stated that the benefits of these works will be realised in the current quarter and beyond. Managing Director Paul Davies noted that plant upgrade works are advancing and described Freehill as a trusted and dependable regional supplier of aggregate products.

Yerbas Buenas and Blanco y Negro Project Status

The filing states that Yerbas Buenas continues its steady output and is likely to be central to planned infrastructure investment near the project, noting it has an abundance of material for future processing and supply. Managing Director Paul Davies stated that the company's current focus is on steadily expanding Islon and Yerbas Buenas, and permitting Blanco y Negro to a ready-to-mine status. Non-Executive Chairman Ben Jarvis referenced the company's growing revenue base as providing added financial flexibility to scale up both lines of business.