Group 6 Metals Ltd Quarterly Activities Report
Key points
- Record 77,953 tonnes of ore processed, up from 72,351 tonnes in previous quarter
- Underground mining operations commenced at quarter end
- Sales of 25,514 MTUs WO3 for $69.1 million
- Closed the quarter with a cash balance of $49.5 million
- No lost time injury (LTI) incidents recorded during the quarter
Full summary
Group 6 Metals Limited reported strong operational and financial performance for the quarter ended 30 June 2026. The Dolphin Tungsten Mine processed a record 77,953 tonnes of ore, up from 72,351 tonnes in the previous quarter, with tungsten concentrate production totalling 21,297 MTUs. Underground mining operations commenced as planned at quarter end. Sales of tungsten concentrate reached 25,514 MTUs for $69.1 million, with cash receipts from customers at $61.0 million. The company maintained a strong safety record, with no lost time injury incidents reported. Financially, Group 6 Metals closed the quarter with a cash balance of $49.5 million and $2.5 million of undrawn debt facilities, providing a strong platform for ongoing operations and the transition to underground mining.
Guidance
Group 6 Metals Limited expects to achieve further improvements in processing plant performance and metal recovery with the commencement of underground mining.
Outlook
The company anticipates increased tungsten concentrate production and improved financial performance as it progresses with underground mining operations and transitions to high-grade ore.
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