v3.26.1
Expenses - Schedule of detailed information about expenses (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Finance costs:    
Interest expense and fees $ 13,011 $ 9,109
Interest on lease liabilities 2 37
Accretion 130 314
Finance costs 13,143 9,460
Operating costs:    
Direct mine and production costs 52,559 68,478
Conversion costs 13,762 8,240
Product acquisition costs 4,580 4,996
Royalties 5,096 7,052
Distribution costs 7,305 7,418
Vanadium and warehouse materials inventory write-down 20,412 14,135
Depreciation and amortization 21,107 26,795
Ilmenite costs and write-down 7,819 8,192
Iron ore costs 0 512
Operating costs 132,640 145,818
Employee compensation amounts included in the consolidated statements of income (loss):    
Compensation 5,655 8,372
Share-based payments 2,289 1,321
Employee compensation 7,944 9,693
Total depreciation and amortization amounts included in the consolidated statements of income (loss): $ 21,995 $ 28,675