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ASX:MLX

6 stories mentioning ASX:MLXUpdated 11d ago

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Asia

Metals X Posts Higher Q2 Tin Production, Tin-in-Concentrate Shipment, Shares Up 4%

Metals X (ASX:MLX) said its Bluestone Mines Tasmania joint venture Renison Tin Operations achieved total tin production of 2,809 tonnes of tin-in-concentrate in the second quarter, with Metals X's 50% share totalling 1,405 tonnes, according to a Monday Australian bourse filing.In the second quarter of 2025, the company's Renison operations achieved total tin production of 2,724 tonnes of tin-in-concentrate, with Metals X's 50% share totalling 1,362 tonnes, an earlier filing showed.The company said Renison shipped 2,827 tonnes of tin-in-concentrate for the quarter, with Metals X receiving 48.58% of tin-in-concentrate tonnes shipped, generating imputed revenue of AU$207.4 million and imputed earnings before interest, taxes, depreciation and amortization (EBITDA) of AU$125.9 million.In the same period last year, Renison shipped 2,202 tonnes of tin-in-concentrate, with Metals X receiving 52.3% of tin-in-concentrate tonnes shipped, the earlier filing showed.Closing cash and cash equivalents were AU$374 million, after the payment of AU$28.1 million in income tax for 2025, it added.The company's shares rose 4% in recent Monday trade.

ASX:MLX
Asia

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses on Friday.EQ Resources (ASX:EQR): -10%, AU$0.22Mesoblast (ASX:MSB): -10%, AU$2.50Orezone Gold (ASX:ORE): -8%, AU$2.07Ora Banda Mining (ASX:OBM): -8%, AU$0.99Regis Resources (ASX:RRL): -8%, AU$5.69Sunrise Energy Metals (ASX:SRL): -7%, AU$15.744DMedical (ASX:4DX): -7%, AU$3.49Weebit Nano (ASX:WBT): -7%, AU$6.04Elsight (ASX:ELS): -7%, AU$6.74Metals X (ASX:MLX): -7%, AU$1.35

ASX 200ASX:4DXASX:ELSASX:EQRASX:MLXASX:MSBASX:OBMASX:OREASX:RRLASX:SRLASX:WBT
Asia

ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Friday.Bravura Solutions (ASX:BVS): +13%, AU$2.31Deep Yellow (ASX:DYL): +9%, AU$1.48Silex Systems (ASX:SLX): +8%, AU$5.64DPM Metals (ASX:DPM): +7%, AU$50.74Metals X (ASX:MLX): +6%, AU$1.38Paladin Energy (ASX:PDN): +6%, AU$10.23Orezone Gold (ASX:ORE): +6%, AU$2.41Weebit Nano (ASX:WBT): +6%, AU$7.72DigiCo Infrastructure REIT (ASX:DGT): +5%, AU$2.62Capstone Copper (ASX:CSC): +5%, AU$12.85

ASX 200ASX:BVSASX:CSCASX:DGTASX:DPMASX:DYLASX:MLXASX:OREASX:PDNASX:SLXASX:WBT
Asia

Metals X Updates Mineral Resource of Tasmania Tin Operation, Shares Up 3%

Metals X (ASX:MLX) said the mineral resource for its Renison tin operation in Tasmania now stands at 21.8 million tonnes at 1.38% tin for 300,300 tonnes of contained tin, according to a Monday Australian bourse filing.The company said it measured and indicated mineral resource tonnage rose by 1.15 million tonnes, with contained tin tonnes increasing 7% to 264,100 tonnes, while inferred mineral resource tonnage fell by 200,000 tonnes, and contained tin tonnes decreased 19% to 36,000 tonnes.The Renison life-of-mine plan and an updated ore reserve are expected to be completed in the third quarter of the year, the filing added.Renison is owned 50% by Metals X through its Bluestone Mines Tasmania Joint Venture.The company's shares rose 3% in recent Monday trade.

ASX:MLX
Asia

Metals X to Subscribe for 34 Million Shares in Tanami Gold Capital Raising; Shares Reach All-Time High

Metals X (ASX:MLX) will subscribe for 34.4 million shares for a consideration of AU$2.1 million in the AU$70.5 million capital raising by Tanami Gold (ASX:TAM) through a fully underwritten one-for-one renounceable entitlement offer of new shares at AU$0.06 apiece, according to a Friday filing with the Australian bourse.The subscription will maintain the company's interest in Tanami Gold at 2.93% of the expanded issued capital, the filing said.Metals X shares rose nearly 2% in morning trade Friday and earlier reached an all-time high. Meanwhile, Tanami Gold shares fell 15%.

ASX:MLXASX:TAM
Asia

Stellar Resources Raises AU$22 Million via Placement; Shares Up 6%

Stellar Resources (ASX:SRZ) received firm commitments to raise up to AU$22.1 million at an issue price of AU$0.033 per share, according to a Monday filing with the Australian bourse.The capital raise includes the previously disclosed cornerstone AU$17 million placement to Metals X (ASX:MLX) and an additional capital raise of AU$5.1 million on the same terms, the filing said.Proceeds will be used to advance the Heemskirk project in Tasmania towards development, exploration on the East Renison and Granite Tor projects, and general working capital, per the filing.Stellar Resources and Metals X shares rose 6% in morning trade on Monday.

ASX:MLXASX:SRZ

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