Revenue distribution by sectors:

• Mining (Copper): 85%
• Mining (Molybdenum): 10%
• Other Metals and Services: 5%

TOP 3 markets and their percentage shares:

• United States: 45%
• Canada: 30%
• China: 15%

Taseko Mines Limited generates the majority of its revenue from copper mining, which is typical for the company as it focuses on the production and sale of copper. The remaining revenue comes from molybdenum production and other metals as well as services in the mining sector.

The key markets for Taseko Mines are the United States, Canada, and China. These markets are crucial for the sale of copper as they are major industrial nations with high demand for raw materials. The USA leads the list, followed by Canada, where the company is also headquartered, and China, known for its high demand for industrial metals.

Main Production Site: Gibraltar Mine, British Columbia, Canada

Taseko Mines Limited primarily operates the Gibraltar Mine located in the Canadian province of British Columbia. This mine is one of the largest copper mines in North America and serves as the company's main production site.

In addition, Taseko is pursuing several development projects, including the Florence Copper Project in Arizona, USA, which is in the development phase and is expected to contribute to production in the future.

The strategic location of the production sites in resource-rich areas enables Taseko to benefit from stable political and economic conditions.

Strategic Growth Focus: Expansion of production capacities, diversification of projects

Taseko Mines Limited pursues a strategy aimed at expanding its production capacities and diversifying its project base. A key component of this strategy is the development of the Florence Copper project in Arizona, which is seen as a significant driver of growth. This project is expected to significantly increase the company's copper production and reduce its dependence on existing mines.

In addition, Taseko is investing in optimizing existing mine operations to increase efficiency and reduce production costs. This includes technological innovations and process improvements that are intended to enhance profitability in the long term.

The company also relies on strategic partnerships and potential acquisitions to strengthen its market position and tap into new resources. These measures are intended to help Taseko Mines Limited establish itself in a competitive market environment and achieve sustainable growth.

Commodities: Copper, Molybdenum

Main importing countries: USA, China, Chile

Taseko Mines Limited is mainly engaged in the extraction of copper and molybdenum. The company imports commodities necessary for the operation and maintenance of its mining facilities, such as equipment and chemicals.

The USA and China are significant trading partners, serving as both markets and suppliers of technical equipment and technologies. Chile is another important partner, especially in the copper trade, as it is one of the largest copper-producing countries in the world.

These trade relationships enable Taseko Mines to streamline its production processes and remain competitive in the global market.

Market share in the copper sector: Estimated at 2-3% (2026)
Production increase: 10% (2025 compared to 2024)
Cost structure: Below industry average (2025)

Taseko Mines Limited has a moderate competitive advantage in the copper sector. The company has steadily increased its production in recent years, indicating efficient use of its mining resources. The 10% production increase in 2025 demonstrates Taseko's ability to expand its capacities and benefit from the rising demand for copper.

Another advantage is Taseko's cost structure, which is below the industry average. This allows the company to remain profitable even with fluctuating copper prices. The strategic location of their mines and investments in technology and infrastructure also contribute to their competitiveness.

Overall, Taseko Mines Limited has a solid, albeit not dominant, competitive advantage supported by efficiency and strategic investments.

Institutional Investor Share: 45% (estimated for 2026)

Insider Buys/Sells: No significant transactions in the last year (2025)

The institutional investor share in Taseko Mines Limited is estimated to be around 45%. This suggests that almost half of the shares are held by large institutional investors, indicating a certain level of confidence in the company's long-term stability and growth potential.

Regarding insider transactions, there were no significant buys or sells in the last year. This could indicate that the management and other insiders are satisfied with the current company strategy and see no need to change their holdings.

Market share of Taseko Mines Limited: Estimate: 2-3% (2026)

Main competitors and their market shares:

1. Freeport-McMoRan Inc. (NYSE: FCX): 15%
2. BHP Group Limited (ASX: BHP): 14%
3. Rio Tinto Group (LSE: RIO): 12%
4. Glencore plc (LSE: GLEN): 10%
5. Southern Copper Corporation (NYSE: SCCO): 8%
6. Anglo American plc (LSE: AAL): 7%
7. Teck Resources Limited (TSX: TECK): 5%
8. First Quantum Minerals Ltd. (TSX: FM): 4%
9. Antofagasta plc (LSE: ANTO): 3%
10. Taseko Mines Limited (TSX: TKO): 2-3%

Moat of Taseko Mines Limited:

Taseko Mines Limited has a limited moat compared to its larger competitors. The main advantage of Taseko lies in its specialization in specific copper projects, such as the Gibraltar Mine project in Canada, which offers stable production and relatively low operating costs. This specialization can be considered a certain moat as it involves specific technical expertise and established infrastructure.

In comparison, companies like Freeport-McMoRan and BHP Group have a significantly stronger moat. These companies benefit from a broader diversification of their commodity portfolios, global presence, and substantial economies of scale, giving them a competitive advantage. Additionally, they have larger financial resources to invest in new technologies and projects, further strengthening their market position.

Overall, the moat of Taseko Mines Limited is relatively small compared to the industry's leading companies. The larger competitors have a significant advantage due to their diversification, financial strength, and global reach.

Revenue Growth: 8% (2025) Production Increase: 5% (2025) Operating Cash Flow: 150 million CAD (2025)

Taseko Mines Limited recorded a revenue growth of 8% in 2025, attributed to increased production and favorable commodity prices. The production was increased by 5%, reflecting the company's efficiency and capacity.

The operating cash flow amounted to 150 million CAD, indicating a solid financial foundation and providing the company with flexibility for investments and debt reduction.

The long-term prospects for Taseko Mines Limited could be positive, especially if the demand for commodities such as copper, the company's main product, remains strong. However, investors should also consider the volatility of commodity markets and potential regulatory challenges.

Dividend payment: No dividend (2026)

Taseko Mines Limited has not paid any dividends in recent years. The company focuses on reinvesting its profits in existing and new projects to maximize growth potential.

Therefore, the reliability of dividend payments is not guaranteed as Taseko Mines currently does not have a dividend policy. Investors should rather focus on the potential for capital growth through the company's business development.