Andrada Mining reports production results for six months
2026-10-23 11:32:33 [Print]
Andrada Mining, which focuses on critical minerals in Namibia, recently released a report stating that it achieved a post-tax profit of approximately US$3.3 million (￡2.5 million) for the six months ending August 31. In the same period last year, it suffered a loss of approximately US$40 million. The main reasons were the significant increase in actual tin prices and the increase in production at the Uis tin mine. During these six months, the production of tin-containing metals increased by 13% to 576 tons, and the production of tin concentrate increased by 11% to 955 tons. The company is advancing the construction of the Uis ore pre-selection circuit. The new crushing system is already being transported to the mine and, upon commissioning, the annual production of tin concentrate is expected to increase by 50% to 70% to 2,500 to 3,000 tons, with an equivalent tin content of approximately 1,500 to 1,900 tons.
Tin Solder Bar 40%min EXW China
Unit:RMB/kg
China tin concentrate producers' number MoM output increase statistics by province by month
Unit: pcs
