Quarterly Activities Report

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Stock Metals X Ltd (MLX.ASX)
Release Time 27 Jul 2026, 8:33 a.m.
Price Sensitive Yes
 Metals X Limited Quarterly Activities Report
Key Points
  • Renison Tin Operations produced 2,809 tonnes of tin-in-concentrate for Q2 CY2026.
  • Imputed revenue increased to $207.40 million, driven by higher tin price.
  • Closing cash and cash equivalents rose to $374.00 million.
  • Benchmarking identified improvement opportunities in mining and processing.
  • Environmental, Social and Governance initiatives progressed.
Full Summary

Metals X Ltd's quarterly activities report for Q2 CY2026 highlights a decrease in tin production at Renison Tin Operations to 2,809 tonnes, down from 2,887 tonnes in Q1 CY2026. Despite this, imputed revenue increased to $207.40 million, driven by a higher imputed tin price of $73,834/t. Ore mined decreased by 6.11% to 200,330 tonnes, and mill throughput increased by 14.60% to 183,755 tonnes. The company's cash position strengthened, with closing cash and cash equivalents rising to $374.00 million. Environmental, Social and Governance (ESG) initiatives were advanced, including safety training and emergency management updates. Benchmarking reviews identified potential improvements in mining and processing operations, with a focus on haulage and development utilisation.