Freehill Mining Ltd. (AU:FHS) has released an update.
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Freehill Mining Ltd. reports a significant 42% increase in sales revenue in May 2024, driven by enhanced operations at Coquimbo Port and a growing partnership with Cementos Melón. With production volumes set to rise further, the company is also planning to reintroduce magnetite mining at its Yerbas Buenas mine as an additional revenue source. The upward trend is expected to continue, with June sales projected to surpass May’s figures and further expansion in the pipeline.
For further insights into AU:FHS stock, check out TipRanks’ Stock Analysis page.

