Andrada Mining Limited (AIM:ATM) (AIM: ATM, OTCQB: ATMTF) said contained tin production for the year ended 28 February 2026 increased 11% to 1,036 tonnes, with ore processed up 8% to 1,042,299 tonnes.
The company said full-year tin concentrate production climbed 15% to 1,740 tonnes and the processing rate rose 7% to 146 tonnes per hour, while recovery remained at 72%—above its internal 70% target. Quarterly gains were pronounced: Q4 ore processed was 255,320 tonnes (+5% YoY), processing rate 153 tph (+9%), tin concentrate 453 tonnes (+20%) and contained tin 271 tonnes (+19%).
Andrada concluded a USD51 million phased investment and funding partnership with ACAM LP through affiliate BWCAM and received an initial USD10 million to begin tailings recovery studies, feasibility work and pit optimisation, the company said. The group also reported early-stage progress at Lithium Ridge under an earn-in with SQM, with inaugural drilling returning up to 3.02% Li₂O, and UTMC accessed up to EUR2 million from the European Investment Bank for Uis lithium integration; Thaisarco advanced an unsecured USD3 million prepayment under an enhanced offtake arrangement.
Anthony Viljoen, Chief Executive Officer, commented: "The fourth quarter has been a defining quarter for Andrada. We are delivering on our long-term strategy of consolidating highly prospective historic mining assets, attracting world class partners to accelerate their development, at a time of record commodity prices and immense strategic significance for our critical minerals portfolio."
