29Metals: Xantho restart and new ore sources aim to recover output
29Metals reported higher unit costs and lower sales in the September quarter due to limited ore supply. Xantho Extended is back online.
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what happened
According to TradingView, 29Metals faced limited ore availability and a major shutdown in the September quarter. This pushed unit costs higher and reduced sales. Xantho Extended is back in operation, and new ore sources are expected to support a stronger fourth quarter and operating flexibility into 2027.
why it matters
For investors in metal producers, the recovery in volumes could improve results as early as the fourth quarter. However, much depends on how quickly the new ore sources reach stable operations.
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- 29Metals: Xantho’s restart and new ore sources set up recovery after an ore-constrained quarter — TradingView, 21 October 2026 at 00:42 UTC
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