Metals X Ltd

Metals X Limited is a tin producer and holds a portfolio of assets from exploration to development. The Company's principal activities include investment in a joint venture company operating a tin mine in Australia and investments in companies undertaking exploration and development of tin, gold and base metals projects in Australia and Europe. The Company owns a 50% equity interest in the Renison Tin Operation (Renison) through its 50% stake in the Bluestone Mines Tasmania Joint Venture Pty Ltd. It comprises the Renison Tin Mine located 15km north-east of Zeehan on Tasmania's west coast. The tailings dams have a Probable Ore Reserve containing approximately 48.3 Metric tons of tin and 98.8 kilotons of copper. Its base metals portfolio is leveraged both by global Gross domestic product (GDP) growth and by the burgeoning technological advancement in batteries, in particular their application in the electric vehicle market.