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Andrada Mining Boosts Tin Output, Eyes Market Opportunities

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Andrada Mining Boosts Tin Output, Eyes Market Opportunities

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An update from Andrada Mining ( (GB:ATM) ) is now available.

Andrada Mining Limited reported a 15% year-on-year increase in tin production for Q3 FY2025, with improvements in tin recovery, plant utilization, and a 26% rise in realized tin prices. Despite higher operational costs, the company remains within annual cost guidance and anticipates benefiting from favorable market conditions for tin and lithium as production expands.

More about Andrada Mining

Andrada Mining Limited is a critical raw materials producer with mining and exploration assets in Namibia. It focuses on producing essential metals like lithium, tin, tungsten, tantalum, and copper, which are crucial for the green energy transition, facilitating technologies such as electric vehicles, solar panels, and wind turbines.

YTD Price Performance: -57.14%

Average Trading Volume: 12,370

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $51.02M

See more insights into ATM stock on TipRanks’ Stock Analysis page.

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