Goal-listed crucial uncooked supplies producer Andrada Mining reported a 15% year-on-year enhance in contained tin manufacturing to 232 t for the third quarter of the 2025 monetary 12 months, ended November 30.
The corporate processed 239 240 t of ore through the quarter, up 5% from the 228 234 t processed within the third quarter of the 2024 monetary 12 months. Enhancements in plant efficiency had been key contributors to this development, with a tin restoration fee rising by 12% year-on-year to 74% and plant use rising to 93%, up from 86% in the identical interval the 12 months earlier than.
The corporate additionally achieved a 26% year-on-year enhance within the realised tin worth, which averaged $31 266/t through the quarter.
Tantalum manufacturing remained steady, with about 16 t of saleable focus produced at a grade of 10.9% tantalum pentoxide (Ta₂O₅).
FINANCIAL OVERVIEW
Working prices through the third quarter barely exceeded steering, with the typical C1 money price reaching $22 008/t of contained tin and the all-in sustaining price (AISC) at $30 779/t.
This was owing to elevated processing and upkeep bills as a part of engineering enhancements on the Uis mine, in Namibia. Regardless of this, year-to-date prices for the 9 months ended November 30 remained inside steering, with C1 prices at $19 727/t and AISC at $28 575/t.
Andrada’s obtainable money, as of November 30, stood at £2.6-million, or $3.3-million, reflecting one-off value-added tax (VAT) funds for imported gear and ongoing enlargement initiatives.
The corporate anticipates a refund for many of the VAT paid and expects a $1.5-million fee from SQM Lithium upon regulatory approval of the Lithium Ridge settlement.
Andrada CEO Anthony Viljoen, in the meantime, highlighted the corporate’s achievements in operational effectivity and manufacturing development, noting that the continual enchancment programme has been pivotal in delivering these outcomes.
“We stay strategically targeted on bettering operational efficiencies, increasing tin focus manufacturing, and decreasing operational prices,” Viljoen said.
He additionally expressed optimism about international tin and lithium markets, which seem poised for additional worth will increase resulting from constrained provide.
