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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.