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Timah Resources Biogas Plant Set to Resume Operations After Incident

Story Highlights
  • Timah Resources operates in renewable energy, focusing on biogas production.
  • The biogas plant incident led to RM1.6 million losses, with operations expected to resume by September 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Timah Resources Biogas Plant Set to Resume Operations After Incident

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Timah Resources Ltd ( (AU:TML) ) has provided an announcement.

Timah Resources Limited has faced operational setbacks due to a flashover incident at its biogas plant in Sabah, Malaysia, causing a shutdown since May 2025. Despite delays in repairs due to part shipment issues, the company expects to resume operations by September 2025, with financial impacts limited to Q2 and Q3 FY25. An insurance claim has partially offset the RM1.6 million net losses, and necessary measures have been implemented to prevent future incidents.

More about Timah Resources Ltd

Timah Resources Limited operates in the renewable energy sector, focusing on biogas production. The company is involved in generating power through its biogas plant located in Sabah, Malaysia.

Average Trading Volume: 1,594

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.75M

See more data about TML stock on TipRanks’ Stock Analysis page.

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