MWY midway limited
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News: MWY Midway Announces Conveyor Fire At Geelong Mill

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    27/10/22
    12:20
    Post #: 64429459

    Oct 27 (Reuters) - Midway Ltd (MWY) :

    • CONVEYOR FIRE AT GEELONG MILL
    • FIRE MAY HAVE BEEN RESULT OF A LIGHTNING STRIKE
    • EXPERIENCED A FIRE IN A TR TRANSFER CONVEYOR AFFECTING ONE OF STATIC CHIPPING LINES AT ITS GEELONG SITE ON 21 OCT
    • INVESTIGATIONS AS TO CAUSE ARE CONTINUING
    • EXPECTED THAT CHIPPING LINE WILL BE BACK IN OPERATION IN JANUARY 2023
    • COSTS OF REPAIR, LARGELY COVERED BY INSURANCE, SHOULD NOT BE SIGNIFICANT
    • ANY IMPACT ON PRODUCTION IS EXPECTED TO BE MINIMAL
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