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Andrada Mining CFO discusses key highlights of FY2024

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Inhoud geleverd door Proactive Investors. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Proactive Investors of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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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Manage episode 437936734 series 2891889
Inhoud geleverd door Proactive Investors. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Proactive Investors of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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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