Metals X Reports Higher Tin Production at Tasmanian Joint Venture

MT Newswires Live
01-22

Metals X (ASX:MLX) said that the Bluestone Mines Tasmania Joint Venture Renison operation, in which it owns a 50% stake, achieved a total production of 3,329 tonnes of tin-in-concentrate for the December 2024 quarter, with the firm's share at 1,664 tonnes of tin-in-concentrate, according to a Wednesday Australian bourse filing.

Renison reported a total of 2,899 tonnes of tin-in-concentrate in the previous quarter, the filing said.

Metal X received 50.35% of the 3,132 tonnes of tin-in-concentrate shipped by Renison during the December 2024 quarter. Its share of imputed revenue was AU$78.19 million in the quarter, up from AU$68.44 million in the previous quarter, the filing added.

The firm's closing cash for the December 2024 quarter increased by AU$23.1 million to AU$220.6 million, per the filing.

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