Itafos Inc (TSE:IFOS) has released an update.
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Itafos Inc. announced robust Q1 2024 results with a 7% revenue increase to $128 million and an Adjusted EBITDA of $43.2 million. The company has made significant progress with its asset portfolio, including an updated technical report for the Conda project and a 25-year extension of the Farim asset’s mining contract. Despite exploring strategic alternatives, no transaction was announced, and the company remains focused on enhancing shareholder value.
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