Metals X Limited (ASX: MLX), a tin and copper miner, released the September 2019 quarter report (for the quarter ending 30 September 2019).
- During the quarter, MLX produced 2,056 tonnes of tin contained in concentrate with an all-in sustaining cost (AISC) of $16,105 per tonne of tin.
- The contained copper concentrate production for the quarter stood at 3,425 tonnes with an AISC of $11,655 per tonne of copper.
- The tin division of the company witnessed an EBITDA of $9.3 million with a net cash flow of $5.5 million on a 50 per cent basis.
- The copper division of the company witnessed an EBITDA of $12.9 million with a net cash flow of $24.4 million.
At 1:28 PM AEST on 30 October 2019, MLX was trading at $0.190, down by 2.5%.
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