Australian tin miner Metals X Limited (ASX: MLX) released its Q2 2026 operational report. The report showed that the company’s Renison tin mine produced 2,809 tonnes of tin metal in tin concentrates in Q2, down approximately 2.7% QoQ from 2,887 tonnes in Q1.
On the production side, ore mined totaled 200,300 tonnes in Q2, down 6.11% QoQ, mainly due to limited availability of loaders, trucks, and hoists, along with stope sequencing delays. The ore grade mined was 1.58% Sn, slightly lower than the 1.63% in Q1. Ore milled reached 183,800 tonnes, up 14.60% QoQ, with mill head grade declining to 1.95% Sn (Q1: 2.24% Sn), and the processing recovery rate was 78.55% (Q1: 80.35%).
For the Renison mineral resource update, total resources increased to 21.8 million tonnes at a grade of 1.38% tin, containing 300,300 tonnes of tin. Measured and Indicated tin content rose 7% to 264,100 tonnes. The mine life plan and ore reserve update are expected to be completed in Q3.
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