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An update from Freehill Mining Ltd. ( (AU:FHS) ) is now available.
Freehill Mining Limited reported a shift in its product mix to enhance sales growth by supplying primary feedstocks to the cement industry. The company faced challenges in the past quarter due to plant downtime and staffing issues, which have now been resolved. With improved plant operations and a strategic relocation to Islon, Freehill anticipates stronger sales and reduced costs in the upcoming quarter. The company also completed a $540,000 placement and continues to advance its magnetite project in Chile, aiming for future expansion in the copper-gold sector.
More about Freehill Mining Ltd.
Freehill Mining Limited operates in the mining industry, focusing on the production of aggregates and feedstocks for the cement industry. The company is involved in mining operations in Chile, with a market focus on supplying materials for both the construction and cement industries.
Current Market Cap: A$14.07M
For a thorough assessment of FHS stock, go to TipRanks’ Stock Analysis page.