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First Tin Plc ( (GB:1SN) ) has issued an announcement.
First Tin PLC reported its interim results for the six months ending December 2024, highlighting significant progress in its Australian and German projects. The company raised £10 million, bolstering its financial position to advance its development programs. Key achievements include advancements in environmental permitting at the Taronga project in Australia and continued progress in Germany’s Tellerhäuser and Gottesberg projects. These efforts aim to enhance project economics and extend mine life, positioning First Tin as a key player in the tin market, which is crucial for the energy transition and digital infrastructure.
More about First Tin Plc
First Tin PLC is an ethical and sustainable tin production company focused on developing high-value, low capital expenditure tin assets in Germany and Australia. The company aims to become a leading supplier of responsibly sourced tin in conflict-free, low political risk jurisdictions, supporting the global clean energy and technological revolutions.
YTD Price Performance: -10.09%
Average Trading Volume: 221,720
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £23.16M
See more insights into 1SN stock on TipRanks’ Stock Analysis page.