EXT 9.09% 1.2¢ excite technology services ltd

rio wants in at husab uranium mine, page-2

  1. 130 Posts.
    Well, there you have it in a nutshell why Rio sold its Kalahari shares and will do the same with its extract shares.

    The big unanswered question is: just how would Rossing accomodate ore feed from Husab given its 30 yr old+ tank leach facility has a maximum capacity of 4,500 tonnes per year?

    Will Rio invest in an upgrade/expansion? Rossing usually produces 3-4,000 tonnes ber year by itself (ignoring the past two years untypically low production rates) and Husab aims to produce 8,000 tonnes+ per year. So the Rossing plant would need to be more than doubled in capacity.

    Either that or an entirely new plant would need to be built which was already part of the Husab plan.
 
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