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29Metals Surges to $35M Profit, Slashes Debt by $59M in HY25

8:14am on Tuesday 26th of August, 2025 AEST Mining
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29Metals Surges to $35M Profit, Slashes Debt by $59M in HY25

8:14am on Tuesday 26th of August, 2025 AEST
Key Points
  • 12% revenue increase to $271 million
  • 10% reduction in cost of sales to $231 million
  • EBITDA jumps to $113 million from $5 million
  • Net profit after tax of $35 million vs prior loss
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