Metals X Limited
MLXEF
Other OTC0.99
USD
-0.06
- -
ISIN
AU000000MLX7
Return %
Stock
S&P500
1Y
175.03
25.65
3Y
367.03
70.81
5Y
481.93
77.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Daniel Karl Broughton
- Full Time Employees
- 175
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 39 Mends Street South Perth WA Australia 6151
- IPO Date
- Mar 22, 2013
- Website
- metalsx.com.au
- Similar Companies
- Business
- Metals X Limited is an Australian mining company specializing in the production and exploration of base metals, primarily tin and copper, with a portfolio spanning from exploration to development. Its core products include tin concentrate produced notably through its 50% ownership in the Renison Tin Operation in Tasmania, making it Australia's largest tin producer; underground copper sulphide production at the Nifty copper mine in the East Pilbara region; and interests in other base metals leveraged for technological applications such as battery manufacturing and electric vehicles. Founded in 1994 and headquartered in South Perth, Western Australia, Metals X operates primarily within Australia but holds strategic equity stakes in international mining entities like First Tin Plc and Elementos Limited. Recent major developments include increasing its ownership stake in First Tin Plc to 29.9% and raising its interest in Elementos Limited to 19.98% through a AU$5 million strategic private placement, reflecting a broader strategic expansion into international tin and base metals markets. Metals X has also engaged in continuous share buy-back programs throughout 2024 and early 2025, signaling capital management initiatives to strengthen shareholder value. Operationally, production volumes have fluctuated, with recent quarters showing improved efficiencies and lower total cash production costs at key assets. The company is advancing long-term production plans at Renison, targeting an average output of approximately 10.2 kilotonnes per annum of tin concentrate at competitive all-in sustaining costs, supported by high-grade ore bodies, while maintaining its copper operations at Nifty. Metals X's product portfolio focuses on tin concentrate; copper concentrate; base metals exploration; and investments in battery metals critical for technological growth sectors. Its business model integrates mining production, project development, and strategic investments to capitalize on demand in global GDP growth and the electric vehicle market. The company’s subsidiaries and joint ventures include Bluestone Mines Tasmania Pty Ltd and other operational entities aligned with its core base metals focus. Metals X continues to adapt its strategy through acquisitions, equity placements, and operational efficiencies to reinforce its positioning in the base metals mining sector. This combination of asset ownership, production focus, and strategic investment activity positions Metals X Limited as a key player in Australia’s minerals sector with growing international exposure in tin and base metals markets, supported by comprehensive operational expertise and market-driven expansions.
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