An announcement from Freehill Mining Ltd. ( (AU:FHS) ) is now available.
Freehill Mining Limited reported a significant improvement in its half-year financial performance, with revenues increasing by over 500% to $1.245 million compared to the previous year. This growth is attributed to the company’s successful expansion of its waste material operations at the Yerbas Buenas mine in Chile, which has strengthened its position as a key supplier in the Chilean construction sector. The company has established strong customer relationships with major cement and construction companies, enhancing its ability to capitalize on the regional infrastructure boom. Freehill’s improved financial results also reflect a substantial reduction in net comprehensive loss, positioning the company for further growth in the second half of FY2025.
More about Freehill Mining Ltd.
Freehill Mining Limited is a company operating in the mining industry, primarily focusing on the production and supply of premium waste material products. The company is strategically positioned in the Chilean cement and construction sector, leveraging its fully owned Yerbas Buenas mine to meet the growing demand for input materials from major regional infrastructure projects.
Current Market Cap: $7.79M
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