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The Motley Fool Australia

Metals X quarterly revenue rises 3% to $207.40 million as tin prices strengthen

Metals X (ASX: MLX) reported quarterly imputed revenue of $207.40 million, up 3%, as higher tin prices lifted earnings. Imputed EBITDA rose to $125.91 million even as tin output edged lower. The company ended the quarter with cash and equivalents of $374.00 million. It maintained guidance for the Renison resource update and progress on engineering for the Rentails project, while continuing to position for tin and related base-metals opportunities.
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