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Andrada Mining ( (GB:ATM) ) has issued an update.
Andrada Mining Limited reported a 5.4% increase in annual ore processing and a 2.2% rise in tin concentrate production for FY2025, reflecting steady growth in its operations. The company secured USD2.5 million funding for a new jig plant to expand tin production and received approval for a lithium project partnership, positioning itself for future growth in critical minerals. The operational improvements, including enhanced plant utilization and increased shipments, underscore Andrada’s commitment to sustainable growth. The company’s strategic initiatives, such as the lithium project and diversified sales approach for tantalum, aim to strengthen its market position and optimize profitability.
More about Andrada Mining
Andrada Mining Limited is a tin producer with a critical raw materials portfolio of mining and exploration assets located in Namibia. The company focuses on the production and exploration of tin and other critical minerals, with a strategic emphasis on expanding its operations and enhancing its market presence in the mining industry.
YTD Price Performance: 70.37%
Average Trading Volume: 18,888
Technical Sentiment Signal: Sell
Current Market Cap: $75.4M
For detailed information about ATM stock, go to TipRanks’ Stock Analysis page.