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Metals X Quarterly Report Shows Increase in LME Tin Spot Price — ASX:MLX| ASX Mining News & Discussion
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Lykeshares Official
$MLX Metals X Quarterly Report Shows Increase in LME Tin Spot Price
Metals X, an Australian mining company, has released its quarterly report, showcasing positive developments in the tin market. The LME tin spot price increased compared to Q1 CY2023, closing at US$27,698 per tonne at the end of June 2023, up from US$26,051 in the previous quarter.

Review of Inventory Estimating Process Leads to More Precise Production Data

As part of a review of the inventory estimating process, Metals X's joint venture operation, BMT JV, has started incorporating final assay results from smelters into its production data. This strategic change aims to provide a more precise and reliable estimation of production levels. As a result, there was a year-to-date production adjustment of minus 45 tonnes of contained tin.

Renison Operations Show Strong Performance

During the quarter, the Renison operations, owned by Metals X, produced 2,292 tonnes of tin-in-concentrate, a significant increase from the prior quarter's 1,981 tonnes. However, this figure does not include the year-to-date ...
Metals X Quarterly Report Shows Increase in LME Tin Spot Price

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?