Metals X Limited is an ASX listed diversified base metals company exploring and developing minerals and metals in Australia. It is one of the world's top 10 and Australia's largest tin producer, a top 10 Australian copper producer and has a pipeline of assets from exploration to development that includes significant expansion projects in both its copper and tin businesses. Metals X's portfolio also includes the world class Wingellina Nickel - Cobalt - Scandium Project which hosts a resource continuing over 1.9Mt of nickel and 150Kt of cobalt. The company has strong cashflows, no debt and has a very strong balance sheet consisting of over $120M of cash and working capital and $15M of investments which will enable it to continue the development of its expansion projects and to pursue additional opportunities.
ABOUT THIS COMPANY
Metals X
HEAD OFFICE:
- Level 5, 197 St George's Tce, Perth, WA 6000
- Phone: +61 8 9220 5700
- Fax: +61 8 9220 5757
- Email: reception@metalsx.com.au
- Web: www.metalsx.com.au
DIRECTORS:
- Warren Hallam;
- Stephen Robinson;
- Peter Newton;
- Milan Jerkovic;
- Simon Heggen;
- Yimin Zhang.
QUOTED SHARES ON ISSUE:
- 611.4 million
MARKET CAP (at February 14, 2018):
- A$531.9 million (US$418 million)
MAJOR SHAREHOLDERS:
- Blackrock Group, 10.61%
- APAC Resources (HKEX:1104), 9.18%
- Jinchuan Group, 7.22%
- Ausbil Investment Management Limited, 5.27%
