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NAMIBIA - Andrada Mining Limited (AIM:ATM, OTCQB: ATMTF) has completed construction of a second processing plant at its flagship Uis tin mine in Namibia, according to a press release issued Thursday.
The new "Jig Plant" was completed on time and within budget, with commissioning scheduled to begin in the final week of August 2025. The facility is designed to process between 80 and 100 tonnes of ore per hour, with potential to handle up to 40,000 tonnes monthly at a recovery rate of approximately 70%.
The modular plant will operate independently alongside the existing processing facility, allowing for uninterrupted production. Initial feedstock will come from Uis proximal pegmatites with tin grades between 0.14% and 0.3%, as well as from 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.
"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," said Anthony Viljoen, Chief Executive Officer of Andrada.
The company, formerly known as Afritin Mining Limited, describes the Uis Mine as a former world-leading hard-rock open cast tin mine now being redeveloped as a tin-tantalum-lithium producer.
Andrada is currently conducting an exploration drilling program aimed at expanding its tin resource across fourteen additional, historically mined pegmatites within a 5km radius of the current processing plant.
The information was disclosed as part of a regulatory announcement to the London Stock Exchange (LON:LSEG).
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