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Business Summary: Andrada Mining Limited is a Guernsey-based critical raw materials producer with mining and exploration assets in Namibia. The Company’s assets include Uis Mine, Lithium Ridge, Brandberg West, and others. The flagship Uis tin mine is scalable, tin and tantalum off-take agreements to supply Thailand Smelting and Refining Co. Limited (Thaisarco) and AfriMet Resources AG (Afrimet), respectively. Its Lithium Ridge (Nai-Nais) mining asset is within about 133 mining area situated approximately 35 kilometers (km) southeast of the Uis Mine, along the D1903 road linking to the B2 highway. This license area is situated within the NaiNais-Kohero pegmatite belt. The Lithium Ridge is approximately 3300-hectare (ha) licensed area. Its Brandberg West mining asset is a largely under-explored licensed area of approximately 35 000 ha in Namibia's Erongo region. Brandberg West mine is a producer of tin and tungsten.
Financial Summary: BRIEF: For the six months ended 31 August 2025, Andrada Mining Ltd revenues increased 12% to L12.2M. Net loss decreased 6% to L3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Administrative expenses - Balancing valu decrease of 51% to L1.3M (expense), Fair Value loss on rayalty debt decrease from L807K (expense) to L0K.