HYMC · 10-Q · 2026Q1 · Full report

Remediation and Reclamation Obligations

HYCROFT MINING HOLDING CORP · 2026-04-28 · Importance 56 · Surprise 24

Estimated undiscounted inflated remediation and reclamation cash outflows total $117.525 million in the Company's contractual obligations table, with $6.608 million due within one year and $110.895 million categorized as more than five years. The Company notes its mining operations are subject to extensive environmental regulations and are required to reclaim and remediate disturbed lands upon cessation of operations. The contractual presentation does not offset the obligation by the $58.9 million of reclamation bonds the Company has in place or the $22.6 million of cash collateral included in restricted cash. These obligations are presented as future cash requirements that will be satisfied from current and available liquidity when incurred.

Key facts

• The Company reported remediation and reclamation expenditures (estimated undiscounted inflated cash outflows) totaling $117,525 thousand as of March 31, 2026.
• In the presentation of remediation and reclamation obligations no offset was applied for $58.9 million of reclamation bonds or for $22.6 million of cash collateral for those surety bonds included in Restricted Cash.
• Of the $117,525 thousand remediation and reclamation expenditures, $6,608 thousand are due in less than one year and $110,895 thousand are classified as more than five years as of March 31, 2026.
• Asset retirement obligation accretion expense was $0.3 million for the three months ended March 31, 2026 and $0.3 million for the same period in 2025.