Greentech Technology International's Tin Production from Rension Project Up in April-June

MT Newswires Live07-26

Tin production from Greentech Technology International's (HKG:0195) Rension Project of Bluestone Mines Tasmania Joint Venture for the quarter ended June 30 rose by 10.3% quarter-over-quarter to 2,506 tonnes, a Friday bourse filing said.

The mining company mined 200,269 tons of ore and processed 160,983 tons during the three months.

The grade of ore mined rose by 0.54 percentage points to 2.06% from April to June, with average quarterly recoveries decreasing by 3.93 percentage points from the previous quarter to 73.65%.

Greentech owns 50% of Renison through unit YT Parksong Australia Holding, while Metals X (ASX:MLX) owns the remaining 50% through its 50% stake in Bluestone Mines Tasmania Joint Venture.

Shares of Greentech Technology International closed nearly 3% higher on Friday, while those of Metals X closed over 1% lower.

Price (HKD): $0.38, Change: $+0.01, Percent Change: +2.70%

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