HECLA MINING CO/DE/

The table below presents our fixed, non-cancelable contractual obligations and commitments primarily related to our credit facility, outstanding purchase orders (including certain capital expenditures), and lease arrangements as of September 30, 2026 (in thousands):

(1)

Consists of open purchase orders and commitments of approximately $9.3 million, $7.7 million, $16.1 million and $7.2 million for various capital and non-capital items at Greens Creek, Lucky Friday, Keno Hill, and Other, respectively.

(2)

The New Credit Agreement provides for a $500 million revolving credit facility. We had no amount drawn and $3.4 million in letters of credit outstanding as of September 30, 2026. The amounts in the table above assume no additional amounts will be drawn in future periods, and include only the standby fee on the current undrawn balance and accrued interest. For more information on our credit facility, see Note 7 of Notes to Condensed Consolidated Financial Statements (Unaudited).

(3)

Includes scheduled finance lease payments of $10.3 million, $0.8 million and $1.5 million for equipment at Greens Creek, Lucky Friday, and Keno Hill, respectively.

(4)

We enter into operating leases in the normal course of business. Substantially all lease agreements have fixed payment terms based on the passage of time. Some lease agreements provide us with the option to renew the lease. Our future operating lease obligations would change if we exercised these renewal options and if we entered into additional operating lease arrangements.

We record liabilities for costs associated with mine closure, reclamation of land and other environmental matters. At September 30, 2026, our liabilities for these matters totaled $130.5 million. Future expenditures related to closure, reclamation and environmental expenditures at our sites are difficult to estimate, although we anticipate we will incur expenditures relating to these obligations over the next 30 years. For additional information relating to our environmental obligations, see Note 11 of Notes to Condensed Consolidated Financial Statements (Unaudited).