06:35 AM EDT, 08/12/2025 (MT Newswires) -- Titan Mining ( TIMCF ) on Tuesday reported a slight increase in net income and revenue as zinc production rose.
Net income was US$540,000, or nil per share, up from US$350,000, or nil per share. Revenue was US$16.3 million, up from US$16 million.
The company produced 15.5 million pounds of payable zinc, up from 15.4 million pounds. Titan sold 16 million pounds of payable zinc, rising from 15.6 million pounds.
The company said it met quarterly zinc concentrate production guidance at Empire State Mines. Construction of the ESM graphite processing facility is underway, with over 50% of major equipment delivered. Commissioning is expected in the fourth quarter.
At project commissioning, Titan will be the first end-to-end producer of natural flake graphite in the U.S. in over 70 years, the company said.