Eastern Platinum Hits Record Annual Revenue

Eastern Platinum (TSE:ELR) has released an update.

Eastern Platinum Limited has achieved a record annual revenue of $106.9 million for FY2023, nearly doubling from the previous year, with significant increases in both mine operating income and net income attributable to shareholders. The company’s financial growth is primarily due to heightened sales of chrome concentrate and PGM concentrate from its tailings resources at the Crocodile River Mine. This remarkable performance sets a confident stage for the company’s targets heading into 2024.

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