IDR

Highlighted by a 13.25% Increase in Revenue to $10,732,335 COEUR D’ALENE, Idaho, August 13, 2026--(BUSINESS WIRE)--Idaho Strategic Resources, Inc. (NYSE American: IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the second quarter ending June 30, 2026. Operating and financial results for the second quarter include: Idaho Strategic’s President and CEO, John Swallow stated, "We had a modest record Q2 year over year comparison in revenue, net income, EPS and ounces produced (along with record meters of underground mine development), however the second quarter was one of those where the numbers also don’t tell the full story. In addition to the expected increase in exploration field programs and the ramp up of construction activity at the Murray mill, there were unexpected events that tested our team. Overall, I am happy with the resiliency we showed and our ability to adjust on the fly to ultimately produce another positive quarter despite these challenges. During the planned transition period from mining the H-vein to mining the Jumbo vein and development to the Paymaster, a section of the lower H-vein was encountered where the H-vein widens and flattens out as it approaches its intersection with the Idaho Fault. This transitional zone hosts slightly lower gold grades but higher tonnages resulting in about the same number of ounces as modeled but with a different orebody geometry than previous mining of the H-vein higher in elevation. This transitional zone required a slight change in mining methods to a drift and fill method with as many as four cuts side by side to efficiently recover the gold ore. Also, during the quarter, a wildfire caused the New Jersey mill to shut down and evacuate from approximately June 16th to June 24th. Ultimately, all of Idaho Strategic personnel and equipment were unharmed but valuable processing time was lost at the end of the quarter that resulted in a strong last-minute push from our milling crews to do their best to make up for the lost time in the remaining days and nights prior to the end of the quarter on June 30th. Moving forward, we have a much better understanding of the lower H-vein stopes, we’ve advanced the development and mining timeline of the high-grade Jumbo vein, and our development to the Paymaster is modestly ahead of schedule. Considering the circumstances both within our control and outside of our control, I am pleased with our performance." Golden Chest Highlights for Q2 2026 Include: At the Golden Chest, ore mined from underground stopes totaled approximately 12,835 tonnes with all of the tonnage coming from H-Vein stopes. During the quarter, a record 384 meters of development was completed between three projects: the Paymaster, the MAR and the Jumbo. A new portal, the No. 2, was established in early May to develop the high-grade Jumbo vein. From the No. 2 portal, an up-ramp was driven and connected to the No. 1 portal providing a secondary escapeway and allowing for production from the Jumbo vein to begin in the third quarter. Another quarterly record of 4,860 cubic meters of cemented rockfill backfill was placed during the quarter. For the quarter ended June 30, 2026, a total of 11,094 dry metric tonnes were processed at the Company’s New Jersey Mill with a flotation feed head grade of 7.89 gpt gold and gold recovery of 91.4%. Milling operations were affected by a wildfire adjacent to the mill in June where access to the mill was blocked for one week. Luckily there was no damage to the mill or the Company’s equipment, though some of its timberland did burn. The Company received the permit to construct a new tailings storage facility from the Idaho Department of Water Resources at the Golden Chest. Construction began in the quarter with the relocation of a low-grade stockpile and continued with building of the embankments and diversion structures. Construction continued on the new mill at the Golden Chest with the installation of the fine ore bin, placement of the screen, foundations for the ball mill, and electrical work throughout the mill building. Engineering, design and procurement activities continued for the new mill also, and conveyor fabrication is also underway. An exploration program consisting of surface and underground core drilling was continued during the second quarter at the Golden Chest. Approximately 10,000 meters of drilling were completed targeting the Paymaster and the H-vein. Rare Earth Highlights for Q2 2026 Include: Included in the inaugural list of companies that make up the Sprott Rare Earths Ex-China ETF (REXC). Initiated metallurgical work at SGS Laboratory on representative samples from two of IDR’s REE prospects. John Swallow concluded, "I continue to believe that the combination of gold production backing significant exploration of rare earth elements, gold, and copper-silver is proving to be the right business plan at the right time. Despite the price action of gold during the quarter, global central banks continue to make it a focal point of their strategies moving forward and it is undoubtedly playing a larger role as a neutral reserve asset in the global monetary system. Additionally, the United States (along with end user participation) has continued to show support for redomiciling its rare earth elements supply chain amid the looming deadlines toward the end of this year that could see a reintroduction of China’s dual-use export controls and new domestic sourcing requirements for rare earth elements vital to many national defense and advanced manufacturing industries. Finally, we are seeing a tightening of the copper market that is being reflected in the copper prices where we are anticipating a large increase in demand due to new power requirements led by datacenter buildout and AI, combined with many global producers running into operational challenges and a widespread decrease in the global copper grades. I make these comments to point out that there are a number of tailwinds behind the company, and we are capitalizing on these opportunities while remaining focused on our shareholders and playing to our strengths. I am looking forward to the remaining summer months and the results of the investments we are making in our future." Notes accompanying the financial statements below can be found in the Company’s quarterly report filed this morning with the SEC on EDGAR. Qualified person IDR’s Vice President, Grant A. Brackebusch, P.E. is a qualified person as such term is defined under S-K 1300 and has reviewed and approved the technical information and data included in this press release. About Idaho Strategic Resources, Inc. Idaho Strategic Resources (IDR) is an Idaho-based gold producer which also controls the largest rare earth elements land package in the United States. The Company’s production-backed exploration business plan was established in anticipation of today’s volatile geopolitical and macroeconomic environment. In addition to gold production, the Company has built a substantial land position in Idaho across multiple commodities, providing significant exploration exposure to gold and rare earth elements – in addition to thorium, copper, and silver. IDR finds itself in a unique position as one of the only publicly traded companies with growing gold production and significant blue-sky potential for discovery and development. For more information on Idaho Strategic Resources, please visit www.idahostrategic.com or call: Travis Swallow, Investor Relations & Corporate DevelopmentEmail: [email protected] Phone: (208) 625-9001 Forward Looking Statements This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Often, but not always, forward-looking information can be identified by forward-looking words such as "intends", "potential", "believe", "plans", "expects", "may", "goal’, "assume", "estimate", "anticipate", and "will" or similar words suggesting future outcomes, or other expectations, beliefs, assumptions, intentions, or statements about future events or performance. Forward-looking information includes, but are not limited to, IDR’s comments about gold playing a more central role in global central banking, the looming dual-use export controls and domestic sourcing requirements for rare earth elements, the tightening of the global copper market, our understanding of the lower H-vein stopes, the continued high-grade nature of the Jumbo vein, and our development timeline to the Paymaster area. Forward-looking information is based on the opinions and estimates of Idaho Strategic Resources as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of IDR to be materially different from those expressed or implied by such forward-looking information. Investors should note that IDR’s claim as the largest rare earth elements landholder in the U.S. is based on the Company’s internal review of publicly available information regarding the rare earth landholdings of select companies within the U.S., which IDR is aware of. Investors are encouraged not to rely on IDR’s claim as the largest rare earth elements landholder in the U.S. while making investment decisions. The forward-looking statement information above, and those following are applicable to both this press release, as well as the links contained within this press release. With respect to the business of Idaho Strategic Resources, these risks and uncertainties include risks relating to widespread epidemics or pandemic outbreaks; interpretations or reinterpretations of geologic information; the accuracy of historic estimates; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms; the ability to operate the Company’s projects; and risks associated with the mining industry such as economic factors (including future commodity prices, and energy prices), ground conditions, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward‐looking information is available in Idaho Strategic Resources filings with the SEC on EDGAR. IDR does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260813527855/en/ Contacts Travis Swallow, Investor Relations & Corporate DevelopmentEmail: [email protected] Phone: (208) 625-9001

Idaho Strategic Resources, Inc. (IDR) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -4.17%. A quarter ago, it was expected that this company would post earnings of $0.43 per share when it actually produced earnings of $0.4, delivering a surprise of -6.98%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Idaho Strategic Resources, which belongs to the Zacks Mining - Gold industry, posted revenues of $10.73 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 14.14%. This compares to year-ago revenues of $9.48 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Idaho Strategic Resources shares have lost about 13.9% since the beginning of the year versus the S&P 500's gain of 13.2%. While Idaho Strategic Resources has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Idaho Strategic Resources was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.27 on $15.3 million in revenues for the coming quarter and $1.38 on $57.6 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Mining - Gold is currently in the bottom 8% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the broader Zacks Basic Materials sector, enCore Energy (EU), is yet to report results for the quarter ended June 2026. This company is expected to post quarterly loss of $0.10 per share in its upcoming report, which represents a year-over-year change of -42.9%. The consensus EPS estimate for the quarter has been revised 12.5% lower over the last 30 days to the current level. enCore Energy's revenues are expected to be $11.75 million, up 221% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report enCore Energy Corp. (EU) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Agnico Eagle Mines (AEM) came out with quarterly earnings of $3.05 per share, beating the Zacks Consensus Estimate of $2.89 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.54%. A quarter ago, it was expected that this gold mining company would post earnings of $3.19 per share when it actually produced earnings of $3.4, delivering a surprise of +6.58%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Agnico, which belongs to the Zacks Mining - Gold industry, posted revenues of $3.8 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.56%. This compares to year-ago revenues of $2.82 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Agnico shares have lost about 15.2% since the beginning of the year versus the S&P 500's gain of 8.5%. While Agnico has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Agnico was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.73 on $3.84 billion in revenues for the coming quarter and $11.76 on $15.84 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Mining - Gold is currently in the bottom 6% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Idaho Strategic Resources, Inc. (IDR), is yet to report results for the quarter ended June 2026. This company is expected to post quarterly earnings of $0.33 per share in its upcoming report, which represents a year-over-year change of +65%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Idaho Strategic Resources, Inc.'s revenues are expected to be $14.6 million, up 54% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

BASF SE BASFY reported strong preliminary second-quarter 2026 figures, with sales rising 16% year over year to €17.2 billion, driven by higher prices and volumes. EBITDA before special items increased to an expected €2.4 billion from €1.6 billion a year ago. The improvement was supported by stronger earnings across most business segments, particularly Materials, Industrial Solutions and Agricultural Solutions. BASFY Group's EBITDA is expected to reach €2 billion in the second quarter and increase significantly from €1.3 billion reported in the prior-year quarter. EBITDA was impacted by special items, primarily transformation costs related to ongoing cost-saving initiatives and the implementation of new ERP systems. EBIT before special items also rose sharply to an expected €1.5 billion, above both the prior-year level of €0.7 billion and analysts' estimates. Net income surged to an expected €4.1 billion compared with €79 million in the year-ago quarter, mainly driven by a €3.9 billion pre-tax gain from the completed sale of its coatings business to Carlyle. The expected tax expense associated with the transaction is a mid-triple-digit million-euro amount. BASFY expects free cash flow of negative €0.2 billion in the second quarter of 2026 against positive €0.5 billion in the year-ago quarter, mainly due to higher working capital requirements driven by increased raw material prices. The expected free cash flow reflects estimated cash flows from operating activities of €0.5 billion, offset by capital expenditures of €0.7 billion on property, plant, equipment and intangible assets. BASFY raised its full-year 2026 outlook for EBITDA before special items to €6.9-€7.7 billion, up from the previous forecast of €6.2-€7 billion, reflecting stronger-than-expected business performance. The company maintained its free cash flow guidance of €1.5-€2.3 billion, while noting that higher raw material prices continue to increase working capital requirements. Per BASFY, the outlook for the global economy and regional chemical markets in the second half of 2026 remains uncertain, largely depending on the outcome of U.S.-Iran negotiations and continued access to the Strait of Hormuz. The company noted that a prolonged disruption of the trade route could hurt economic activity. Shares of BASFY are up 10.9% over the past year against the industry’s 2.8% decline. Image Source: Zacks Investment Research BASFY carries a Zacks Rank #3 (Hold) at present. Some better-ranked stocks in the Basic Materials space are CSW Industrials, Inc. CSW, Idaho Strategic Resources, Inc. IDR and Ternium S.A. TX. CSW, IDR and TX sport a Zacks Rank #1 (Strong Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for CSW’s current-year earnings stands at $12.52 per share, implying a 20.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 3.8%. The Zacks Consensus Estimate for IDR’s current-year earnings is pegged at $1.52 per share, implying a 33.3% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 68.7%. The Zacks Consensus Estimate for TX’s current-year earnings is pegged at $6.13 per share, indicating a 182.5% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, with the average surprise being 3.5%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BASF SE (BASFY) : Free Stock Analysis Report Ternium S.A. (TX) : Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report CSW Industrials, Inc. (CSW) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Highlighted by a 98.97% Increase in Revenue to $14,482,286 and Record Quarterly Net Income of $6,387,992 COEUR D’ALENE, Idaho, May 14, 2026--(BUSINESS WIRE)--Idaho Strategic Resources, Inc. (NYSE American: IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the first quarter ending March 31, 2026. Consistent with the Company’s business plan, IDR maintained its profitability while growing its gold production and reinvesting in near-mine exploration opportunities and capital projects on-site. During the quarter, the Company’s geology team finalized its plans for broader exploration work in the 2026 field season focused on both the Murray Gold Belt District and the Idaho Rare Earth Elements-Thorium Belt. Additionally, work continued on the construction of the Company’s new Murray Mill, with the completion of the paste backfill circuit and the start of foundation work for installation of the new ball mill. Operating and financial results for the first quarter include: During the quarter, Idaho Strategic capitalized approximately $960,713 of core drilling at the Golden Chest that informed mine planning and resource confidence largely related to the continued exploration of the Paymaster area; compared to $0 in the comparable period in 2025. Moving forward, it is anticipated that IDR will capitalize a portion of exploration expenses quarterly rather than annually. Management believes this procedural accounting change provides investors with a clearer picture of the Company’s financial performance throughout the year. Idaho Strategic’s President and CEO, John Swallow stated, "Our goal for the year was to build on a strong 2025 – and as evidenced in our record first quarter results, the team has met these expectations. From increased production to expanded exploration and drilling programs, our business plan is working as designed. In addition to the two drills dedicated to resource conversion and exploration drilling at the Golden Chest, permitting is in place for drill programs this year at two projects in the Murray Gold Belt (Little Baldy and Niagara) and at two of our REE prospects (Lucky Horseshoe at Lemhi Pass and Cardinal at Mineral Hill) near Salmon. "We are one of the few junior mining companies that put a mine into production when our industry was out of favor so that we could take advantage of opportunities when the tailwinds arrived. To that end, we followed up our acquisition of Hecla’s Toboggan landholdings in Q3 2025 with the execution of a long-term lease agreement on the nearby Niagara project during Q1 2026, adding potentially significant copper-silver exposure to the Company. Both of these additions were essential to consolidating the Murray Gold Belt District and provide the Company with high-quality exploration targets that will last many years into the future." Golden Chest Highlights for Q1 2026 Include: Mined approximately 11,290 tonnes of ore from underground stopes on the H-Vein. Completed a total of 193 meters of development in the main access ramp (MAR) and associated workings including an escapeway/ventilation raise. A record total of 4,008 cubic meters of CRF backfill was placed during the quarter. Processed a total of 11,290 dry metric tonnes ("dmt") at the Company’s New Jersey Mill with a flotation feed head grade of 9.68 gpt gold and gold recovery of 92.1%. Some long lead items for the Murray Mill were delivered such as a jaw crusher and a cone crusher, and additional underground mining equipment including two 4-yard LHDs were delivered to the mine during the first quarter. An exploration program consisting of surface and underground core drilling was continued during the first quarter at the Golden Chest. A total of 8,700 meters of drilling was completed at the Golden Chest targeting the Paymaster, Red Star, Katie-Dora, and the H-Vein. Rare Earth Highlights for Q1 2026 Include: Finalized exploration plans for the upcoming 2026 field season. The bulk of the Company’s REE exploration efforts are planned for high-grade prospects at both its Mineral Hill and Lemhi Pass projects. To support these programs, IDR has retained the support of seasoned REE exploration geologists familiar with the Company and its REE projects. Corporate Highlights for Q1 2026 Include: Executed a long-term lease on the Niagara copper-silver project located in the Murray Gold Belt District. The project hosts a historic inferred resource estimated to contain approximately 150 million pounds of copper and 8.8 million ounces of silver. Notes accompanying the financial statements below can be found in the Company’s quarterly report filed this morning with the SEC on EDGAR. Qualified person IDR’s Vice President, Grant A. Brackebusch, P.E. is a qualified person as such term is defined under S-K 1300 and has reviewed and approved the technical information and data included in this press release. About Idaho Strategic Resources, Inc. Idaho Strategic Resources (IDR) is an Idaho-based gold producer which also controls the largest rare earth elements land package in the United States. The Company’s production-backed exploration business plan was established in anticipation of today’s volatile geopolitical and macroeconomic environment. In addition to gold production, the Company has built a substantial land position in Idaho across multiple commodities, providing significant exploration exposure to gold and rare earth elements – in addition to thorium, copper, and silver. IDR finds itself in a unique position as one of the only publicly traded companies with growing gold production and significant blue-sky potential for discovery and development. For more information on Idaho Strategic Resources, please visit www.idahostrategic.com or call: Travis Swallow, Investor Relations & Corporate Development Email: [email protected] Phone: (208) 625-9001 Forward Looking Statements This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Often, but not always, forward-looking information can be identified by forward-looking words such as "intends", "potential", "believe", "plans", "expects", "may", "goal", "assume", "estimate", "anticipate", and "will" or similar words suggesting future outcomes, or other expectations, beliefs, assumptions, intentions, or statements about future events or performance. Forward-looking information includes, but are not limited to, Idaho Strategic Resources’ potential to deliver Q2 2026 financial performance that is in-line, better, or worse than Q1 2026; the ability for the Company to maintain its profitability while continuing to invest in exploration and capex initiatives at the Golden Chest; the potential for the Company to complete all of its planned drilling and exploration activities during 2026; the potential for Niagara to be a potentially significant copper-silver project; the potential for the Company’s Murray Gold Belt landholdings to contain high-quality exploration targets for many years; and the potential for the Company’s buildout of the Murray Mill to continue without interruption. Forward-looking information is based on the opinions and estimates of Idaho Strategic Resources as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of IDR to be materially different from those expressed or implied by such forward-looking information. Investors should note that IDR’s claim as the largest rare earth elements landholder in the U.S. is based on the Company’s internal review of publicly available information regarding the rare earth landholdings of select companies within the U.S., which IDR is aware of. Investors are encouraged not to rely on IDR’s claim as the largest rare earth elements landholder in the U.S. while making investment decisions. The forward-looking statement information above, and those following are applicable to both this press release, as well as the links contained within this press release. With respect to the business of Idaho Strategic Resources, these risks and uncertainties include risks relating to widespread epidemics or pandemic outbreaks; interpretations or reinterpretations of geologic information; the accuracy of historic estimates; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms; the ability to operate the Company’s projects; and risks associated with the mining industry such as economic factors (including future commodity prices, and energy prices), ground conditions, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward‐looking information is available in Idaho Strategic Resources filings with the SEC on EDGAR. IDR does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514815184/en/ Contacts Travis Swallow, Investor Relations & Corporate Development Email: [email protected] Phone: (208) 625-9001

Idaho Strategic Resources, Inc. (IDR) came out with quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -6.98%. A quarter ago, it was expected that this company would post earnings of $0.2 per share when it actually produced earnings of $0.62, delivering a surprise of +210%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Idaho Strategic Resources, which belongs to the Zacks Mining - Gold industry, posted revenues of $14.48 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.28%. This compares to year-ago revenues of $7.28 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Idaho Strategic Resources shares have added about 27.1% since the beginning of the year versus the S&P 500's gain of 8.8%. While Idaho Strategic Resources has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Idaho Strategic Resources was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.27 on $13.3 million in revenues for the coming quarter and $1.33 on $52.7 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Mining - Gold is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Silvercorp (SVM), another stock in the broader Zacks Basic Materials sector, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 25. This mineral miner is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of +271.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Silvercorp's revenues are expected to be $147.4 million, up 96.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report Silvercorp Metals Inc. (SVM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Orion S.A. OEC posted an adjusted loss of 11 cents per share in the first quarter of 2026 compared with adjusted earnings of 22 cents a year ago. The result missed the Zacks Consensus Estimate of 19 cents by 157.9%. Net sales were $459.5 million, down 3.8% year over year, and came in 0.5% below the consensus estimate of $461.9 million. Total volumes rose 1.9% to 256.5 thousand metric tons as demand strengthened late in the quarter. Management pointed to lower pricing tied to oil pass-through and an unfavorable mix as the primary headwinds, even as shipments improved late in the period. That pricing backdrop also weighed on profitability, particularly in Rubber Carbon Black, where the company cited calendar 2026 agreements and regional mix as major drags. Specialty Carbon Black was steadier, supported by the mix and favorable foreign exchange. Orion S.A. price-consensus-eps-surprise-chart | Orion S.A. Quote Specialty Carbon Black delivered improved results, helped by stronger volumes and a favorable mix. Segment net sales increased 5.6% year over year to $169.7 million, while volumes rose 3.4% to 64 kmt. Adjusted EBITDA grew 6.7% to $27.1 million, supported by mix and positive foreign exchange, partially offset by absorption headwinds tied to inventory draw. Rubber Carbon Black remained the key pressure point. Segment net sales fell 8.6% to $289.8 million despite a 1.4% volume increase to 192.5 kmt. Adjusted EBITDA dropped 53.4% to $19 million as lower 2026 contractual prices, adverse regional mix and the pass-through effect of lower year-over-year oil costs more than offset the volume benefit. OEC recorded free cash outflow of $48.5 million in the quarter, reflecting typical seasonality and working-capital use. Net cash used in operating activities was $12.4 million, consistent with the company’s quarterly capital spending of $36 million. Net debt ended the quarter at $965.3 million, and the net debt-to-adjusted EBITDA ratio was 4.2x. For 2026, OEC now expects adjusted EBITDA of $170-$210 million, up from the prior view of $160-$200 million. The company reiterated capital expenditures of about $90 million. Orion also updated its free cash flow framework, now calling for free cash outflow of $25-$50 million versus its prior expectation of free cash flow of $25-$50 million. Shares of Orion have lost 33.8% in the past year against the 5.8% growth of the industry. Image Source: Zacks Investment Research OEC currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the basic materials space are Idaho Strategic Resources, Inc. IDR, NioCorp Developments Ltd. NB and Sociedad Quimica y Minera de Chile S.A. SQM. Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.33% year-over-year growth. IDR sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. NioCorp is expected to report third-quarter fiscal 2026 results on May 14. The consensus estimate for NB’s loss per share is pegged at 2 cents, indicating 83.33% year-over-year growth. NB presently flaunts a Zacks Rank #1. Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report Orion S.A. (OEC) : Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report NioCorp Developments Ltd. (NB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Innospec Inc. IOSP earnings per share (as reported) for the first quarter of 2026 declined to $1.22 per share from $1.31 a year ago. Adjusted earnings per share declined 26% to $1.05 per share from $1.42 a year ago. It beat the Zacks Consensus Estimate of $1.02 per share. Revenues for the first quarter rose 3% year over year to $453.2 million, beating the Zacks Consensus Estimate of $432.2 million. Adjusted EBITDA declined 19% year over year to $43.7 million. Operating income declined 14% to $36.5 million. Innospec Inc. price-consensus-eps-surprise-chart | Innospec Inc. Quote Fuel Specialties revenues rose 7% year over year to $181.6 million, driven by volume growth of 10% and a favorable currency impact of 6%, offset by an adverse price/mix of 9%. Gross margin compressed 0.3 percentage points to 35.4% and operating income increased 2% to $37.8 million. Performance Chemicals revenues rose 1% to $169.4 million as volume declines of 9% were offset by positive price/mix of 1% and favorable currency impact of 9%. Gross margin declined 4.2 percentage points to 16.8% and operating income fell 46% to $10.7 million, adversely impacted by shutdowns at the North Carolina plants due to the January 2026 U.S. winter storm. Oilfield Services revenues were essentially flat at $102.2 million. Gross margin improved 1.7 percentage points to 30.1% on a richer sales mix, and operating income increased 37% to $5.6 million, although results were also negatively impacted by the winter storm. Operating cash flow was $17.6 million versus $28.3 million in the year-ago quarter. The company ended the quarter with cash of $289.1 million and no debt. In the first quarter, the effective tax rate was 22.8% compared with 25.7% in the year-ago quarter. The company increased its semi-annual dividend by 10% to 92 cents per share, repurchased $6.2 million of shares in the quarter and announced a new $75 million buyback authorization. Management expects sequential growth in the second quarter from Performance Chemicals, supported by plant repairs, pricing/mix opportunities and margin initiatives. For Oilfield Services, the company remains cautiously optimistic that recent DRA expansion and opportunities in completions and production will drive sequential improvement in the second quarter and position the business for further improvement in the second half of 2026. Fuel Specialties is expected to remain a stable contributor, with management citing continued strength across traditional fuel, renewable fuel and non-fuel applications. Shares of Innospec have fallen 8.3% in the past year compared with the industry’s 18.7% growth. Image Source: Zacks Investment Research IOSP currently sports a Zacks Rank #4 (Sell). Some better-ranked stocks worth a look in the basic materials space are Sociedad Quimica y Minera de Chile S.A. SQM, Idaho Strategic Resources, Inc. IDR and NioCorp Developments Ltd. NB. Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present. Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.3% year-over-year growth. IDR sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. NioCorp is expected to report fiscal third-quarter results on May 14. The Zacks Consensus Estimate for NB’s third-quarter loss is pegged at 2 cents per share. NB currently has a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report Innospec Inc. (IOSP) : Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report NioCorp Developments Ltd. (NB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Tronox Holdings Plc TROX logged a loss (as reported) of 65 cents per share for the first quarter of 2026, wider than a loss of 70 cents reported a year ago. Barring one-time items, adjusted loss for the reported quarter was 55 cents per share compared with a loss of 15 cents a year ago. It was wider than the Zacks Consensus Estimate of a loss of 48 cents. The company raked in revenues of $760 million, up around 3% year over year. It beat the Zacks Consensus Estimate of $758.5 million. Higher TiO2 and zircon sales volumes and favorable currency impact more than offset lower average selling price and product mix impact. Adjusted EBITDA was $62 million, down 45% year over year, with an adjusted EBITDA margin of 8.2%. The downside was due to lower average selling prices, including mix, unfavorable exchange rate movements and higher freight and production costs. Tronox Holdings PLC price-consensus-eps-surprise-chart | Tronox Holdings PLC Quote TiO2 sales were $616 million in the reported quarter, up 5% year over year. TiO2 volumes rose 5% year over year, while price/mix was down 4%. Currency was 4% favorable. Zircon sales were $89 million, up 29% year over year. Sales were supported by 57% volumes growth, offset by 28% price/mix decline. Cash and equivalents were $126 million as of March 31, 2026. Total debt was $3.3 billion at the end of the year, while net debt was $3.2 billion. Operating cash used was $68 million for the first quarter, while free cash flow was negative $135 million. Management expects a stronger second quarter with improving demand pricing and cash generation. The company expects free cash flow to turn positive in quarter two and largely offset the cash use in the first quarter while also targeting meaningful positive free cash flow for full-year 2026. TiO2 volumes are projected to rise sequentially in the high-single-digit percentage range while zircon volumes are expected to moderate slightly from first-quarter levels. Both TiO2 and zircon pricing are expected to improve in the mid-single-digit percentage range due to announced price increases and cost-related surcharges. Supported by stronger pricing and higher TiO2 volumes, Tronox expects adjusted EBITDA of $65 million to $85 million for the second quarter of 2026. Shares of Tronox have risen 57.4% in the past year compared with the industry’s 18.6% growth. Image Source: Zacks Investment Research TROX currently sports a Zacks Rank #3 (Hold). Some better-ranked stocks worth a look in the basic materials space are Sociedad Quimica y Minera de Chile S.A. SQM, Idaho Strategic Resources, Inc. IDR and NioCorp Developments Ltd. NB. Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present. Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.3% year-over-year growth. IDR sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. NioCorp is expected to report fiscal third-quarter results on May 14. The Zacks Consensus Estimate for NB’s third-quarter loss is pegged at 2 cents per share. NB currently has a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report Tronox Holdings PLC (TROX) : Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report NioCorp Developments Ltd. (NB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Kronos Worldwide, Inc. KRO reported a first-quarter 2026 net loss of 4 cents per share, narrower than the Zacks Consensus Estimate of a loss of 33 cents. Earnings delivered a positive surprise of 87.9%. Net sales were $509.8 million, up 4.1% year over year, but missed the consensus mark of $523.8 million by 2.7%. The quarter reflected improving cost performance, while weaker year-over-year pricing and lower production weighed on profitability. Kronos Worldwide Inc price-consensus-eps-surprise-chart | Kronos Worldwide Inc Quote TiO2 sales volumes rose 4.4% year over year to 142 thousand metric tons in the quarter, supported by higher volumes in North American, Latin American and export markets. Production volumes, however, declined 10.5% to 128 thousand metric tons, reflecting lower operating rates. On pricing, the company started 2026 with average TiO2 selling prices below the beginning of 2025. Management noted that average TiO2 selling prices increased 2% during the quarter as it works to recover pricing lost during 2025, but pricing remained a year-over-year headwind to both sales and profits. Kronos reported TiO2 segment profit of $15.1 million in the first quarter, down from $41.6 million a year ago. Management attributed the decline primarily to lower average TiO2 selling prices, lower production volumes and an unfavorable currency impact, partially offset by higher sales volumes and lower production costs. Kronos ended the quarter with cash and cash equivalents of $25.7 million as of March 31, 2026, down from $33.2 million at the end of 2025. Long-term debt stood at $602.7 million as of March 31, 2026, up from $557.4 million as of Dec. 31, 2025. Management emphasized continued execution on pricing and cost initiatives as the key operational priorities following the restructuring actions taken late in 2025. Additional increases will be needed as selling prices remain below 2025 levels. Kronos expects gross margin to improve as higher-cost inventory produced in late 2025 works through the system and it realizes the benefit of lower-cost production in 2026, though it is beginning to see higher shipping and production costs tied to Middle East-related supply disruptions and higher energy and raw material costs, particularly in Europe. Customers are still cautious on inventories, but longer lead times and a higher backlog entering 2026 have improved near-term production flexibility, even as demand stays below historical levels and the recovery outlook remains uncertain. Shares of Kronos have lost 2.5% in the past year against the 18.6% growth in the industry. Image Source: Zacks Investment Research KRO currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the basic materials space are Idaho Strategic Resources, Inc. IDR, NioCorp Developments Ltd. NB and Sociedad Quimica y Minera de Chile S.A. SQM. Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.33% year-over-year growth. IDR sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. NioCorp is expected to report third-quarter fiscal 2026 results on May 14. The consensus estimate for NB’s loss per share is pegged at 2 cents, indicating 83.33% year-over-year growth. NB presently flaunts a Zacks Rank #1. Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report Kronos Worldwide Inc (KRO) : Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report NioCorp Developments Ltd. (NB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Century Aluminum Company CENX reported earnings of $3.23 per share for the first quarter of 2026. It compares favorably with the prior-year quarter’s earnings of 29 cents. Barring one-time items, adjusted earnings came in at $1.06 per share. The bottom line missed the Zacks Consensus Estimate of $1.16. Adjusted EBITDA was $231.4 million, up from $78 million in the prior-year quarter. Century Aluminum Company price-consensus-eps-surprise-chart | Century Aluminum Company Quote The company reported net sales of $649.2 million, up 2.4% year over year. However, the figure missed the Zacks Consensus Estimate of $652.2 million. The increase in sales was driven by higher aluminum prices, which more than offset lower shipment volumes. Primary aluminum shipments were 122,865 tons, down around 27% year over year and around 12% sequentially. At the end of the quarter, the company had cash and cash equivalents of $244.1 million, up 81.9% from the previous quarter. The company forecasts second-quarter 2026 adjusted EBITDA to be in the range of $315 million to $335 million, supported by higher realized LME and regional premiums, energy benefits and favorable volume/mix, partly offset by raw material costs and OPEX/other items. Shares of Century Aluminum have risen 250.3% in the past year compared with the industry’s 55.8% growth. Image Source: Zacks Investment Research CENX currently sports a Zacks Rank #1 (Strong Buy). Other top-ranked stocks worth a look in the basic materials space are Sociedad Quimica y Minera de Chile S.A. SQM, Idaho Strategic Resources, Inc. IDR and Hawkins, Inc. HWKN. Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present. Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.3% year-over-year growth. IDR sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Hawkins is scheduled to report fiscal fourth-quarter results on May 13. The Zacks Consensus Estimate for HWKN’s fourth-quarter earnings is pegged at 76 cents per share. HWKN currently has a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report Century Aluminum Company (CENX) : Free Stock Analysis Report Hawkins, Inc. (HWKN) : Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research