Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.