Alphamin Resources Reports Strong Q1 Earnings Growth Driven by Higher Tin Prices and Improved Logistics
Alphamin Resources Sees 46% EBITDA Jump to $158M in Q1 on Strong Tin Prices and Stable Production Democratic Republic of Congo-focused tin producer Alphamin Resources is expected to report a 46% quarter-on-quarter increase in earnings before interest, taxes, depreciation and amortisation (EBITDA), reaching approximately $158 million for the quarter ended March 31. Tin production for the period totalled 5,026 tonnes, broadly in line with guidance of 20,000 tonnes annualized output and consistent with the previous quarter’s performance. Tin sales amounted to 5,016 tonnes, representing a marginal 1% decline compared to…
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