v3.26.1
INVENTORIES
12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
INVENTORIES

9           INVENTORIES

 

               
    2025     2024  
Finished product     2,688       2,006  
Work-in-process     114,468       47,521  
Parts and supplies     57,230       27,802  
Total inventories     174,386       77,329  
Current     115,810       57,943  
Non-current     58,576       19,386  

 

As of December 31, 2025 and 2024, the non-current inventory is related to Borborema and Almas’ low grade stockpile. As of December 31, 2025, the provision for inventory obsolescence was $ 5,228 (2024: $226). During the year ended December 31, 2025, $5,002 (2024: $5) was recognized in Consolidated Statements of Income (loss).