Overall a positive announcement for operations here in Australia. Decent lift in mineable ore and further upside upon successful exploration.
This will keep the plant turning over for a few more years yet. The 2mtpa processing lift is also positive as this says "hey there is plenty of material here and the clients are hungry for more, let's get it out!!" If achieved results in a 25% uplift in spodumene output. Great.
Upon reading twice I also noticed this little gem..
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Ann: Mt Cattlin Resource and Reserve Upgrade, page-99
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