Metals X (Metals X) Construction In Progress : $12.6 Mil (As of Dec. 2023)

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What is Metals X Construction In Progress?

Metals X's quarterly construction in progress declined from Dec. 2022 ($28.2 Mil) to Jun. 2023 ($0.0 Mil) but then increased from Jun. 2023 ($0.0 Mil) to Dec. 2023 ($12.6 Mil).

Metals X's annual construction in progress increased from Jun. 2020 ($4.1 Mil) to Jun. 2021 ($9.3 Mil) and increased from Jun. 2021 ($9.3 Mil) to Jun. 2022 ($21.9 Mil).

Metals X Construction In Progress Historical Data

The historical data trend for Metals X's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Metals X Construction In Progress Chart

Metals X Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Construction In Progress

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8.29

2.26

4.11

9.27

21.89

Metals X Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	21.89	28.17	-	12.61

Metals X Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Metals X (Metals X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metals X Ltd (OTCPK:MLXEF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

FG5:Germany MLX:Australia

Address

39 Mends Street, Level 2, Unit 202, Perth, WA, AUS, 6151

Website

https://www.metalsx.com.au

Metals X Ltd is an Australian mining company. The company is engaged exploration and development of base metals projects in Australia. Its project includes the Renison Tin operation. The project is located on the west coast of Tasmania, approximately 15km north-east of Zeehan.