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Metal-Tech Boosted by Rise in Tungsten Prices

Investing News Network
Sep. 26, 2011 03:17PM PST
Critical Minerals Investing

IBTimes reported tungsten price increases boosted first-half revenues at speciality metals recycler Metal-Tech (LON:MTT).

IBTimes reported tungsten price increases boosted first-half revenues at speciality metals recycler Metal-Tech (LON:MTT).

The market news is quoted as saying,

Revenues increased by 40% to $29.9m and there was a gross profit of $3.9m compared with a loss of $0.3m last time due to due to tight cost control measures and the increase in tungsten prices.

For the complete market news, click here.

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