Andrada operationally strong in the 2nd quarter
“This quarter reflects another period of robust operational performance underscoring Andrada’s emergence as one of the pre-eminent producers in the international tin market.”
These were the words Andrada Mining CEO Anthony Viljoen as he unveiled the operational performance update for the second quarter ended 31 August 2025.
He went on to say that “the increased tin concentrate production was supported by higher recoveries and improved plant utilisation, demonstrating the resilience of our operations and the technical expertise of our team. The higher concentrate tonnage also enabled us to continue benefitting from the prevailing strong tin price environment.”
“Looking forward, we are well-positioned for continued growth in the second half of the financial year. Our operational improvements provide a robust foundation for increased production which alongside the progress at Lithium Ridge, positions Andrada well to build a diversified, high-value portfolio of critical minerals to benefit from long-term structural demand growth.”
Highlights from the second quarter:
- Tin concentrate produced increased 17% Year-on-Year (YoY) to 453 tonnes (Q2 FY2025: 388 tonnes), marking record quarterly production.
- Contained tin increased 14% YoY to 273 tonnes (Q2 FY2025: 239 tonnes), reflecting enhanced operational efficiency.
- Tin recovery rate improved to 73% in the Quarter (Q1 FY2026: 69%).
- Realised average tin price increased 4% YoY to USD 33 308 per tonne (Q2 FY2025: USD 31 937 per tonne) benefiting from strong global tin market fundamentals.
- Tantalum concentrate record breaking six-month production at 27 tonnes with 10 tonnes concentrate shipped during the Quarter.
- Lithium Ridge: Stage 1 exploration drilling with SQM Australia progressing well, advancing the Company’s strategic minerals diversification.
