Latest First Tin News

Metals X has secured an extension to decide whether to make a firm offer for First Tin, after submitting a revised non-binding cash proposal. The new deadline is 5.00pm London time on 20 November 2026, but the takeover remains uncertain.

Metals X finished the September quarter with A$434.87 million in cash, but Renison production and recovery fell while unit costs rose. The Rentails project’s engineering completion and final investment decision have also moved into the first half of calendar 2027.

Metals X reported a steady tin output at Renison with a 5.9% tin price lift boosting revenue and EBITDA despite increased costs and a marginal net cash flow dip. Capital projects and exploration advanced, while the company’s strong cash reserves underpin its growth ambitions.

Metals X reported its fourth highest quarterly tin production at Renison with robust financials despite rising unit costs, while progressing the Rentails project and maintaining a strong cash position.

Metals X Limited reported a robust 2025 financial year with revenue up 30% to $285 million, driven by higher tin prices despite a slight dip in production. The company is advancing its key growth project, Rentails, targeting a final investment decision in late 2026.

Metals X delivered near-record tin output at its Renison operation in Q4 2025, driving a doubling of EBITDA amid improved efficiencies and strong capital progress. The company also advanced its Rentails project and maintained robust cash reserves.

Terra Critical Minerals has identified multiple new high-grade antimony targets at its Mole River project in NSW, with samples reaching up to 1,765 g/t Sb. This discovery builds on extensive historical data and positions the company well within a critical minerals hotspot.

Metals X reported a 16.6% decline in tin production at its Renison operation for Q3 2025 due to equipment and processing challenges, while cash reserves rose to $279.5 million. The company continues advancing its Rentails project and maintains strategic investments.

Terra Critical Minerals (ASX – T92) has revealed extensive high-grade silver mineralisation across its 100% owned Mole River project in NSW, highlighting significant polymetallic potential and setting the stage for a major exploration push.

Terra Critical Minerals has revealed new high-grade silver mineralisation at its Mole River project in NSW, with samples reaching 400 g/t silver. This discovery at the Silent Grove prospect adds momentum to the company’s polymetallic exploration ambitions.

Metals X Limited reported a robust half-year to June 2025 with profit after tax soaring 256% to $52.9 million, driven by higher tin sales and prices from its Renison joint venture. The company also progressed key projects and deepened strategic investments while reinforcing its ESG and safety frameworks.

Metals X delivered its third highest quarterly tin production at Renison, improved cash flow, and expanded its strategic footprint with a $5 million investment in Elementos and a partial offer for Greentech shares.