Metals Corp Announces Soaring Half-Year Earnings

Metals Corp (MTAL) has released an update.

Metals Acquisition Limited reports a significant surge in half-year earnings with an 881% increase in revenue and a 217% rise in net profit, despite a decrease in net tangible assets per share from $7.46 to $5.90. The company also achieved record copper production and operational cash flows, contributing to a robust free cash flow of $37 million. No dividends were paid during this period, as the firm focused on repaying liabilities and strategic investments.

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