Aterian Plc Posts Rwf210.5 Million Profit from Rwanda Operations in Q4 2025

Kigali, January 11, 2026 - British mining company Aterian Plc has reported a profit of Rwf210.5 million (approximately USD 145,000) from its mining operations in Rwanda for the fourth quarter ended December 31, 2025.

In a statement released on January 5, 2026, the company said its business in Rwanda continues to grow, alongside ongoing mineral exploration and research activities in the country.

Aterian noted that the volume of minerals traded fell short of government targets, explaining that the company prioritized compliance with international standards over production volumes.

Commenting on the results, Aterian CEO Charles Bray said the fourth-quarter performance reflects the company’s solid business position and expressed confidence in continued growth in 2026.

“We believe that the results achieved in the fourth quarter of 2025 demonstrate the opportunities in the company’s business and provide a foundation for what can be done in 2026, depending on the available capital and the market situation,” Bray said.

He added that the company will remain focused on meeting international regulatory requirements governing the trade of precious metals, as well as the expectations of global buyers and regulators.

Aterian Plc also confirmed that it identified lithium deposits in Rwanda following exploration activities that began in 2023. This discovery led Rio Tinto and Mining Exploration, in partnership with Aterian, to commit USD 7.5 million to lithium mining projects.

According to national data, Rwanda’s mining sector generated USD 1.6 billion in revenue in the 2024/2025 period, driven by strong exports of tin, tungsten, tantalum, and gold to international markets.