Contract liabilities

9 Months Ended

Sep. 30, 2026

Other Liabilities Disclosure [Abstract]

Contract liabilities

Contract liabilities

As of September 30, 2026, the Company had received non-refundable deposits totaling $4.5 million in connection with Asset Option and Purchase Agreements executed on May 14, 2026, for one semi-autogenous mill. Deposits are to be deferred with recognition of the sale to occur when title transfers upon delivery of the equipment. As of September 30, 2026, the Company had incurred certain transportation and related costs under the Asset Option and Purchase Agreements, resulting in net contract liabilities of $4.2 million. See Note 5 – Property, plant, and equipment, and Assets-held-for-sale, net, for additional information.