Andrada Mining (GB:ATM) has released an update.
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Andrada Mining Limited has reported a significant financial turnaround with an 83% increase in revenue to £17.9 million, a swing to a gross profit of £1.7 million, and a boost in tin and tantalum production, positioning the company as a key player in the critical metals market. The company’s exploration efforts have also led to the production of lithium concentrates, diversifying its revenue streams and mitigating market volatility. Andrada underscores its commitment to sustainability and community upliftment, with a focus on becoming a leading African producer of metals essential for green energy technologies.
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