SRX sierra rutile holdings limited
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News: SRX Sierra Rutile Posts Qtrly Production Of Rutile Of 28Kt, Down 22%

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    17/10/22
    12:35
    Post #: 64233796

    Oct 17 (Reuters) - Sierra Rutile Holdings Ltd (SRX) :

    • PRODUCTION AND COST UPDATE FOR SEPTEMBER 2022 QUARTER
    • QUARTERLY PRODUCTION OF RUTILE OF 28KT, DOWN 22% AS AGAINST BOTH THE PREVIOUS QUARTER AND Q3 2021
    • UNIT COSTS FOR THE QUARTER ARE EXPECTED TO BE US$1,490 PER TONNE OF RUTILE PRODUCTION
    • EXPECTS THAT PRODUCTION IN REMAINING MONTHS OF YEAR WILL RETURN TO NORMAL LEVELS
    • UNIT COSTS ARE ANTICIPATED TO BE SIGNIFICANTLY LOWER IN Q4 2022
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