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MAC Copper Limited Achieves Record Production and Strengthens Financial Position in 2024

Story Highlights
  • MAC Copper Limited reported a 14% increase in copper production and a 277% rise in EBITDA in 2024.
  • The company improved its financial position with a 431% increase in liquidity and substantial funds raised through an IPO.
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MAC Copper Limited Achieves Record Production and Strengthens Financial Position in 2024

Metals Corp ( (MTAL) ) just unveiled an update.

In 2024, MAC Copper Limited reported record production and earnings, with a 14% increase in copper production and a significant rise in underlying EBITDA by 277%. The company also improved its safety record and financial position, increasing liquidity by 431% and raising substantial funds through an IPO and private placements. These achievements position MAC Copper as a high-quality, long-life copper asset with plans for further growth in production by 2026.

More about Metals Corp

MAC Copper Limited is a company operating in the mining industry, primarily focused on copper production. The company is incorporated under the laws of Jersey, Channel Islands, and is listed on both the NYSE and ASX.

YTD Price Performance: 1.90%

Average Trading Volume: 207,424

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $796.3M

See more data about MTAL stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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