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First Tin Plc ( (GB:1SN) ) has shared an announcement.
First Tin PLC announced that its subsidiary, Taronga Mines Pty Ltd, has achieved promising results in its crushing testwork for the Taronga Tin Project in Australia. The testwork confirmed that up to 90% of the tin can be liberated through simple crushing, significantly reducing the need for costly ore-sorting equipment. This discovery positions Taronga as a cost-effective and technically robust project, potentially strengthening First Tin’s market position and benefiting stakeholders by reducing capital and operating costs.
More about First Tin Plc
First Tin PLC is a tin development company focusing on sustainable and reliable tin production in low political risk jurisdictions like Germany and Australia. The company aims to supply tin, a critical metal vital for decarbonization and electrification, and plans to bring two tin mines into production within three years using high environmental standards.
YTD Price Performance: -14.04%
Average Trading Volume: 243,862
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £22.37M
For an in-depth examination of 1SN stock, go to TipRanks’ Stock Analysis page.
