Metals X Limited (AU:MLX) has released an update.
Metals X Limited reported a milestone achievement with their Renison Tin Operation, producing a record 1,061 tonnes of tin-in-concentrate in June 2024, contributing to the quarter being the third-highest production period on record. The company also saw an increase in cash to $181.65 million and noted safety and environmental improvements, including a reduction in recordable injuries and enhanced water treatment processes. Additionally, Metals X has made a strategic investment in First Tin Plc, acquiring a 23% stake, broadening its market presence.
For further insights into AU:MLX stock, check out TipRanks’ Stock Analysis page.
