The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information will be in the public domain.
Andrada Mining Limited
("Andrada" or the "Company")
Andrada accelerates growth of its tin production
Andrada Mining Limited (AIM: ATM, OTCQB: ATMTF), a tin producer with a portfolio of critical raw materials mining and exploration assets in Namibia, is pleased to announce the completed construction of the second processing plant ("Jig Plant") at the Company's flagship Uis mine.
HIGHLIGHTS
· Construction of the Jig Plant has been completed on time and within budget.
· Commissioning of the Jig Plant to commence in the final week of August 2025.
· Tin output expected to significantly increase through additional processing capacity granted by the Jig Plant.
Anthony Viljoen, Chief Executive Officer, commented:
"The completion of the Jig Plant on time and within budget is a smart, low-cost upgrade that will immediately boost Uis tin production on the completion of commissioning. The plant is a key milestone towards doubling production and positions Andrada well to capture the benefits of a robust and strengthening tin market."
Jig Plant CONSTRUCTION update
Construction of the Jig Plant, located adjacent to the existing tin processing facility, has been completed, with commissioning scheduled for the last week of August 2025. (See announcements dated 12 February 2025 and 17 June 2025). The modular design allows for scalable expansion while operating independently, ensuring uninterrupted production at the primary processing plant. The Jig Plant is designed for a nameplate capacity of 80 to 100 tonnes per hour, with a potential to process up to 40 000 tonnes of ore per month at a potential recovery rate of 70%. Actual operating parameters will be confirmed during the commissioning process. Initial feedstock will be sourced from the Uis proximal pegmatites with grades of between 0.14% and 0.3% tin, and existing stockpiles. Andrada has also secured an ore supply agreement with Goantagab mining to provide up to 20 000 tonnes of ore at a grade of 1.5% tin. (See announcement dated 17 June 2025). The Jig Plant represents an important step in enhancing the Company's tin production output and overall cost efficiency.
Jig Plant at Uis Mine: August 2025
CONTACT |
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ANDRADA MINING LIMITED |
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| Anthony Viljoen, CEO Sakhile Ndlovu, Head of Investor Relations |
+27 (11) 268 6555 |
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NOMINATED ADVISOR & BROKER |
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Zeus Capital LimitedKaty Mitchell Andrew de Andrade Harry Ansell |
+44 (0) 20 2382 9500 |
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CORPORATE BROKER & ADVISOR |
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H&P Advisory LimitedAndrew Chubb Jay Ashfield Matt Hasson |
+44 (0) 20 7907 8500 |
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BerenbergJennifer Lee Natasha Ninkov |
+44 (0) 20 3753 3040 |
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FINANCIAL PUBLIC RELATIONS |
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Tavistock (United Kingdom)Emily Moss Josephine Clerkin |
+44 (0) 207 920 3150 andrada@tavistock.co.uk |
About Andrada Mining Limited
Andrada Mining Limited, formerly Afritin Mining Limited, is a London-listed technology metals mining company with a vision to create a portfolio of globally significant, conflict-free, production and exploration assets. The Company's flagship asset is the Uis Mine in Namibia, formerly the world's largest hard-rock open cast tin mine and currently being re-developed as a major tin-tantalum-lithium producer. An exploration drilling programme is currently underway with the aim of expanding the tin resource over the fourteen additional, historically mined pegmatites that occur within a 5km radius of the current processing plant. The Company has set a mineral resource target of 200 Mt to be delineated within the next 5 years.
The existing mine, together with its substantial mineral resource potential, allows the Company to consider economies of scale. Andrada is managed by a board of directors with broad industry knowledge and a management team with extensive commercial and technical skills. Furthermore, the Company is committed to the sustainable development of its operations and the growth of its business. This is demonstrated by the way the leadership team places significant emphasis on creating value for the wider community, investors, and other key stakeholders. Andrada has established an environmental, social and governance system that has been implemented at all levels of the Company and aligns with international standards.
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