Sayona Mining Hits Production Record Amidst Market Challenges

Sayona Mining (AU:SYA) has released an update.

Sayona Mining reported a record quarter with a 23% increase in spodumene concentrate production, reaching 49,660 tonnes due to improved mill utilisation and recovery rates. Despite lower average realised selling prices and a delayed shipment leading to reduced revenue, operational costs decreased due to optimised mining activities. Notably, the completion of the Crushed Ore Dome has enhanced operational reliability, promising continued efficiency improvements.

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