Andrada Mining boosts tin output, starts Lithium Ridge exploration

Andrada Mining Limited (AIM: ATM, OTCQB: ATMTF) announced a positive operational update for the first quarter of fiscal year 2026. Tin concentrate production rose 11% year-over-year to 405 tonnes, up from 364 tonnes in Q1 FY2025. Ore processed also increased by 7% to 254,745 tonnes. Contained tin production saw a 2% increase to 238 tonnes. Plant utilisation improved to 93%, and the plant processing rate increased by 6% to 142 tonnes per hour. The realised tin price was USD32,993 per tonne. Additionally, the company produced 12.1 tonnes of saleable tantalum concentrate. The company has also commenced exploration at Lithium Ridge, signaling a diversification of its resource focus.