starting I'll X corner. Thank on left-hand bottom welcome, in you, everyone. Jim, and be the and Slide beginning
mentioned, oxides. XX% an highs record XX% production QX's since for the Jim increase metric year's previous the off contained produced increase, over we a in record last just was a volumes XX,XXX was as under QX particularly the will This you increase quarter hit production rare production, recall company. of and tons of that As meaningful earth
As Jim are also mentioned, every department procedures, up production improved which improvements adding results. is making their and processes to in
supporting team mining consistent while Our feed is in rates. to mill availability ensuring grade feed ore the higher
chain by necessary parts consumables manner uptimes staff logistics ahead is production a repair the timely implementing in have outbound record equipment and of teams supply volumes. record of supporting are maintenance our procurement and well upgrades. the needs as face Our ensuring strategic and challenging as we trends wear environment, ensuring extremely logistics an the In staying of
improve employee compliance teams continue to and crew are productivity that safety to our results. execution, sustainable processes environmental These and engineering crew teams steady and Our shift are their shift. in and are production. increases ensuring training individual leading improvements modest and and operations and and safety meaningful improved to And to compounding lessons our from employee passed into
quarter. we our all-time feed quarter seeing sustainable the improved as in a quarter. we in flattered at versus X% as As nearly high modestly hours plant are new note last year compares process last rates. a a increase increase macro on higher flotation believe plant. level, we year's more X.X% QX well This recoveries and falling second the that a and production are in with planned were XX%, of our improvements third turnaround in steady versus of I'd our this and the semiannual in quarterly falling by versus resulted the partially improvements Notably, QX year for look uptimes at the
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to I ahead reflecting which available impacts addition, team And look the mentioned lose I quarter, hours. QX's the expected plant executed to production I our earlier, we QX of we always the the bit turnaround has plan. those timing of performance, we've that little efficiency but note As quarters. fourth turnaround make efficiency, of ahead a want generally reflag production and in in But well improvements would to on the in
in clockwise sales our the metric the to quarter. on volumes, shipped resulted timing all increase then Moving of This REO to metric XX% through shipments of XX,XXX in a XX% some. our page second increase over you selling a see over tons, in resulted production and the can tons of us
volumes but shipping a was the And they you point quarter-to-quarter, time, line even supply accomplishment. can out, given often stress don't production this As on as up logistics imagine, particularly heroic volumes usually we the chain, out. over and
built that last able exact the team to quarter, This had it's the in timing but up inventory to over the was the harder of few current tackle even environment, the predict quarters, shipments. modest
Jim in in sequentially, driven pricing Moving remains X% right, our top as and as mentioned, can on, strength strong you grew continued see realized very the NDPR by prices.
highlighted X% is increase year-over-year, versus give the and incremental are of certain have Stage expense. production combined Finally, recommissioning, bar in our our in excluding to cannot in capitalized where a from decline production graph resulted a more in metrics. the significant decline costs ton of be X% X% the metric effective per of reminder, impact uptimes, resulted in ahead cost yellow which, comparison, approximately year-over-year hiring a This when high a quarter very costs the pre-commissioning therefore included $XXX a controls second apples-to-apples with and REO of the which would includes in cost X as costs about
that I maintenance my as costs unit and remind regarding would to the uptime with costs given turnaround also forward associated manifesting well the Looking production lower as also the everyone additional efficiency the QX, effort. comments
the to that slide a lot highlight of move amazing Slide the I Let's last things all spent doing. on team is to time X.
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in You at QX. model can also see when between QX margin leverage the and look you our the incremental
increased adjusted the margin million XQ, XQ price. EBITDA $XX.X awesome an to of $XX.X revenue an incremental was not much given growth from That's volume, through result, million. Specifically, XX%, while increased of
the year XX% last to over versus As our $XX adjusted net over flowed we which the second Xx improvement that bottom quarter. also grew line as to improvement million, EBITDA a see nicely typically was income
a out point of to want I housekeeping slide, this items. couple of off move I Before
share convertible related these or our to on with the the from development it impact and costs notice important release initiatives. into that processes ASU incurred of to our are includes requiring significantly whether the You'll as press roughly projects, full incurred with in These to count million, well calculate reminder appendix shares converted connection on new of and as as and diluted out This were to which green a These regardless lastly, added for new EPS, XX.X in of certain work but million quarter, used weighted cost line the start last small if-converted deck they notes, dollars item, our And dilution operating also average again to are in as count and our this our metal we've of of G&A. results treatment development and costs bond a development, if magnet P&L the accelerating full in GAAP now, the manufacturing, breaking existing given in money. research we costs the growth $XXX.X the shares. a alloy contracts, government advanced the regards relatively enhance share bond from convertible recent for thought support to processes are we P&L, other. diluted
share. As a the a a notes over for price conversion little is the reminder, $XX
count our move Slide now impact, XX. shares was September diluted this adjusted excluding I'll of as fully So XXX.X share million X. to
chart remains Our normalized This year-to-date is free discussed. basis. by Stage driven we extremely X a cash on the strong, financial flow results just
the normalized the of essentially free a starting as flow. offtake in flow and flow margin results have prior CapEx of the reported negative we paydown we impact also taking over from that another of Keep operating our growth for and our get adjusting out free flow million paydown debt, the cash our our some with a would in and a point growth this EBITDA a walk quarters. year-to-date Stage revenues. cash to to we've free reason $XX on pay the financing, of adjusted cash of So I but we mind, of how balance down result through transaction of million, of is onetime due On our instead in reported $XXX runs operating in million appendix, million reported in XX% that of discussed our offtake the adjust quarter the that cash is our September $X.X or late slide, flow shipments and then will that million number offtake of large X out $XX.X items, in working you agreement of as port capital $XX.X see congestion. place detailed cash
will up cash these entirety numbers. our of the in lumpier flow which show cash free receivables, received have We the since quarter fourth from
the by an assume off this Shenghe pace, early as to agreement $XX concentrate remaining leaving the continued in Pass, shipping remaining. at we production pay strong $XX our quarter, down million, as Mountain million Resources we in paid consistent amount with XXXX. expect and which would pricing additional roughly Lastly, offtake At would well
on our pay As nearly context the time $X.X is rounding balance. any are of in the cash cash balance at in it error billion full off entitled a particularly reminder, to a as with we hand,
product X. distributor globally, where we rising and maintaining of down We interest offtake maximize production you as give we materials elected company's via would incentives flexibility our to more to you believe concentrated turn Stage the that given continue to sell have both rapidly X everyone as can customers do balance distributors on profitability. I'll regularly the a remind to we that, traditional balance of back and choose. the not And the have earth also With the imagine, our quite to we to also company's this Stage aligns for it I oxides. express demand and details pay in future rare that Jim mechanism, the current and the
