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Jupiter Mines Reports Record Production Amid Price Drop
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Jupiter Mines Reports Record Production Amid Price Drop

Jupiter Mines Limited (AU:JMS) has released an update.

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Jupiter Mines Limited reported a strong quarter for its Tshipi Manganese Mine, with record production levels achieved in August 2024 despite a 34% drop in manganese ore prices. The company’s sales volumes increased by 12% compared to the previous year, but decreased slightly from the previous quarter. Cost of production fell by 7%, highlighting improved efficiency amid challenging market conditions.

For further insights into AU:JMS stock, check out TipRanks’ Stock Analysis page.

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