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Group 6 Metals Limited ( (AU:G6M) ) just unveiled an update.
Group 6 Metals Limited reported a significant increase in ore production and sales at its Dolphin Tungsten Mine for the quarter ending June 2025, with record production and sales figures. The company is transitioning from open cut mining to processing stockpiles and preparing for underground mining. Financially, the company completed a recapitalization plan, reducing debt and securing a loan from the State of Tasmania, positioning itself well amidst rising tungsten prices and global shortages.
More about Group 6 Metals Limited
Group 6 Metals Limited operates in the mining industry, focusing on the extraction and processing of tungsten. The company is primarily engaged in activities at the Dolphin Tungsten Mine located in Grassy, Tasmania, and is positioned to benefit from strategic stockpiling policies due to global shortages and rising prices of tungsten.
Technical Sentiment Signal: Sell
Current Market Cap: A$25.1M
Learn more about G6M stock on TipRanks’ Stock Analysis page.