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+5.92%
Close of 9 Nov 2026, in AUD
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About Metals X
Its shares trade on ASX under the ticker MLX.AX. It has been listed since 26 August 2004. In the fiscal year to 31 December 2024, it reported revenue of A$218.8m and net income of A$102.3m. At that date it held total assets of A$505.0m and shareholders' equity of A$427.8m.
Metals X Ltd. is an exploration company. The company is headquartered in Perth, Western Australia. The company went IPO on 2004-08-26. The firm produces tin, copper and nickel. Metals X is 100% owner of the Nifty Copper Operations (Nifty), located in the East Pilbara region of Western Australia. Nifty comprises an historical open pit oxide mine and an underground sulphide mine. The firm is a significant tin producer through its 50% ownership of the Bluestone Mines Tasmania Joint Venture. The key assets of the joint venture are the Renison Tin Mine, a 700,000 ton per annum tin concentrator plant, and the Renison Expansion Project. The Company’s nickel division consists of its 100% ownership of nickel assets in the Central Musgrave Project (CMP) located in the Central Musgrave Ranges. The CMP project encompasses 1,957 square kilometers of prospective exploration tenure that includes the Wingellina nickel deposit, the Claude Hills nickel deposit, and the Mt Davies exploration prospects.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 26 Aug 2004
- Employees
- 467
- Website
- metalsx.com.au ↗
Leadership
Pay as last reported
- Mr. Peter GunzburgIndependent Non-Executive Chairman of the BoardA$182,600
- Mr. Daniel BroughtonChief Financial OfficerA$213,641
- Mr. Brett SmithExecutive Director, since 2019A$1.1m
- Ms. Natalie TeoCompany Secretary
- Mr. Patrick O'ConnorIndependent Non-Executive Director, since 2019A$132,800
- Mr. Grahame WhiteIndependent Non-Executive DirectorA$149,400
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 39
- Environment
- 34
- Social
- 34
- Governance
- 48
- Direct emissions (scope 1)
- 10,377 t
- Energy emissions (scope 2)
- 24,300 t
- Value chain emissions (scope 3)
- 8,920 t
- Women in the workforce
- 11%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Metals X Ltd has a strong market position and brand reputation in the mining industry.
- The company possesses advanced technology and expertise in mining and metallurgy.
- Metals X Ltd has a diverse range of mineral resources, ensuring a sustainable supply for its operations.
- The company has established strong relationships with suppliers, enabling efficient procurement.
- Metals X Ltd has a skilled and experienced workforce, contributing to operational excellence.
- Metals X Ltd heavily relies on commodity prices, which can be volatile and impact profitability.
- The company has high production costs compared to some competitors.
- Metals X Ltd operates in a highly regulated industry, facing potential challenges in compliance.
- The company's dependence on external factors, such as environmental approvals, can cause delays.
- Metals X Ltd has limited geographical diversification, increasing exposure to specific markets.
- Growing demand for minerals and metals presents opportunities for market expansion and revenue growth.
- The company can explore new mining prospects and acquire additional assets to diversify its portfolio.
- Metals X Ltd can leverage technological advancements to enhance operational efficiency and cost-effectiveness.
- Investing in renewable energy sources can help reduce the company's carbon footprint and attract socially responsible stakeholders.
- Expansion into emerging markets can tap into untapped demand and increase market share.
- Fluctuating commodity prices can negatively impact the company's profitability and financial performance.
- Increased competition from existing and new market players may erode Metals X Ltd's market share.
- Changes in government policies and regulations can pose challenges to the company's operations and profitability.
- Geopolitical risks, such as trade disputes and political instability, can affect the company's global operations.
- Environmental concerns and increasing scrutiny on the mining industry can lead to stricter regulations and public perception challenges.
Weaknesses
- Metals X Ltd heavily relies on commodity prices, which can be volatile and impact profitability.
- The company has high production costs compared to some competitors.
- Metals X Ltd operates in a highly regulated industry, facing potential challenges in compliance.
- The company's dependence on external factors, such as environmental approvals, can cause delays.
- Metals X Ltd has limited geographical diversification, increasing exposure to specific markets.
- Growing demand for minerals and metals presents opportunities for market expansion and revenue growth.
- The company can explore new mining prospects and acquire additional assets to diversify its portfolio.
- Metals X Ltd can leverage technological advancements to enhance operational efficiency and cost-effectiveness.
- Investing in renewable energy sources can help reduce the company's carbon footprint and attract socially responsible stakeholders.
- Expansion into emerging markets can tap into untapped demand and increase market share.
- Fluctuating commodity prices can negatively impact the company's profitability and financial performance.
- Increased competition from existing and new market players may erode Metals X Ltd's market share.
- Changes in government policies and regulations can pose challenges to the company's operations and profitability.
- Geopolitical risks, such as trade disputes and political instability, can affect the company's global operations.
- Environmental concerns and increasing scrutiny on the mining industry can lead to stricter regulations and public perception challenges.
Opportunities
- Growing demand for minerals and metals presents opportunities for market expansion and revenue growth.
- The company can explore new mining prospects and acquire additional assets to diversify its portfolio.
- Metals X Ltd can leverage technological advancements to enhance operational efficiency and cost-effectiveness.
- Investing in renewable energy sources can help reduce the company's carbon footprint and attract socially responsible stakeholders.
- Expansion into emerging markets can tap into untapped demand and increase market share.
- Fluctuating commodity prices can negatively impact the company's profitability and financial performance.
- Increased competition from existing and new market players may erode Metals X Ltd's market share.
- Changes in government policies and regulations can pose challenges to the company's operations and profitability.
- Geopolitical risks, such as trade disputes and political instability, can affect the company's global operations.
- Environmental concerns and increasing scrutiny on the mining industry can lead to stricter regulations and public perception challenges.
Threats
- Fluctuating commodity prices can negatively impact the company's profitability and financial performance.
- Increased competition from existing and new market players may erode Metals X Ltd's market share.
- Changes in government policies and regulations can pose challenges to the company's operations and profitability.
- Geopolitical risks, such as trade disputes and political instability, can affect the company's global operations.
- Environmental concerns and increasing scrutiny on the mining industry can lead to stricter regulations and public perception challenges.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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