Base projects higher mineral output this year - News Summed Up

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Base projects higher mineral output this year


Australian mining company-Base Titanium expects a higher mineral output in the current financial year than previously projected, amid higher sales in the first quarter. Zircon output is projected to go up to between 26,000 and 28,000 tonnes, from 23,000 tonnes initially projected. In the first quarter of this year (January-March), the firm realised higher mineral output compared to the previous quarter (December), amid an increase in sales. Rutile sales during the quarter more than doubled to 26,074 tonnes compared to 12,017 tonnes while Zircon sold was 6,612 tonnes. In the first quarter of this year, total mineral separation plant (MSP) feed tonnage was higher compared to the prior quarter, pegged on high mineral concentration availability, while recoveries were generally steady.


Source: The Star June 07, 2021 00:56 UTC



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