Altius Minerals Expects to Book Record Q3 Royalty Revenue

08:31 AM EDT, 10/20/2026 (MT Newswires) -- Altius Minerals (ALS.TO) expects to book a record attributable royalty revenue of about CA$33.2 million in the third quarter, from CA$21.4 million a year ago, the company said Tuesday. Analysts polled by FactSet expected sales of CA$29.0 million. The revenue increase is expected to be driven by Altius' lithium royalty revenue, which is projected to rise to CA$4.2 million from CA$18,000 a year ago, reflecting operational ramp ups and mining restarts by several operators. Altius' electricity royalty revenue is also expected to jump year over year to CA$13.2 million from CA$3.3 million. The company's shares closed down CA$1.16, or 2.1%, to CA$55.40 Monday on the Toronto Stock Exchange.