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Freehill Mining Limited (ASX:FHS)

ALERT: Price-sensitive ASX Announcement for FHS
Current share price for FHS : $0.002 -0.003 (-62.50%)+
Announcement
Release
3 Feb 2026 10:11AM
Price at Release
$0.004
Full Release
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Summary
Freehill Mining Limited (ASX: FHS) reported a significant increase in gross sales for January 2026, amounting to approximately $305,000, which represents a 41% rise from the previous month's sales of $216,000. This marks the fourth consecutive month of sales growth, driven largely by increased demand from the local cement industry in the La Serena/Coquimbo region of Chile. Despite this positive growth trajectory, the company faces operational challenges, such as plant downtime and the constraints of operating with a single plant. Freehill is actively taking measures to address these issues to fully leverage market opportunities. The company continues to explore new project opportunities in copper and gold, and updates will be provided to shareholders as developments occur.
Key Points
  • January 2026 sales increased by 41% to $305,000.
  • Fourth consecutive month of sales growth.
  • Increased sales due to demand from the local cement industry.
  • Operational challenges include plant downtime and single plant operation.
  • Efforts are underway to capitalize on market opportunities.
  • Exploration of new projects in copper and gold continues.
  • Regular updates will be provided to shareholders.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.