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Andrada Mining CFO discusses key highlights of FY2024

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Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Andrada Mining Ltd CFO Hiten Ooka joined Proactive's Stephen Gunnion with more on the company's strong financial results and strategic initiatives in the past year. Ooka highlighted that Andrada Mining's revenue increased by over 80% due to ramped-up tin production at its flagship project. He also emphasised the company's progress in reducing costs and achieving key milestones in its tantalum and lithium strategies. One of the major highlights was the commissioning of the lithium pilot plant and tantalum circuit, both of which have started production. The CFO also discussed securing various financing streams, including convertible loan notes and a package from Orion Finance, as well as the Development Bank of Namibia's contribution to continuous improvement projects. Looking ahead, Ooka remains optimistic about the company's financial year 2025, noting the positive operational outlook and ongoing efforts to secure a strategic partner for the lithium operation. Visit Proactive's YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. #AndradaMining #CFOInterview #TinProduction #LithiumExpansion #TantalumCircuit #MiningFinance #StrategicGrowth #MiningIndustry #ProactiveInvestors #MiningNews #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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605 episoade

Artwork
iconDistribuie
 
Manage episode 437936734 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Andrada Mining Ltd CFO Hiten Ooka joined Proactive's Stephen Gunnion with more on the company's strong financial results and strategic initiatives in the past year. Ooka highlighted that Andrada Mining's revenue increased by over 80% due to ramped-up tin production at its flagship project. He also emphasised the company's progress in reducing costs and achieving key milestones in its tantalum and lithium strategies. One of the major highlights was the commissioning of the lithium pilot plant and tantalum circuit, both of which have started production. The CFO also discussed securing various financing streams, including convertible loan notes and a package from Orion Finance, as well as the Development Bank of Namibia's contribution to continuous improvement projects. Looking ahead, Ooka remains optimistic about the company's financial year 2025, noting the positive operational outlook and ongoing efforts to secure a strategic partner for the lithium operation. Visit Proactive's YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. #AndradaMining #CFOInterview #TinProduction #LithiumExpansion #TantalumCircuit #MiningFinance #StrategicGrowth #MiningIndustry #ProactiveInvestors #MiningNews #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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