Mt Cattlin transitioned into commercial production as of 1 May...

Mt Cattlin transitioned into commercial production as of 1 May 2017,

with the ramp up and commissioning of the plant completed
 Mining operations achieved targeted production levels during the half year to 30 June 2017 ― Mining activities were concentrated on the northern and western sides of the pit ― Spodumene production for the half-year was 56,465 dmt
 Run-rate improved across the half year with spodumene production of 14,038t in June (exceeding 160ktpa run rate)  Performance of the redesigned Mt Cattlin plant has now reached steady state with an average recovery of 61% in June
 Total of 4 shipments of lithium concentrate were made during the half year ― Average realised sales price of US$542/dmt in the March quarter (balance of sales on 2016 pricing) and US$724/dmt in the June quarter ― All prepaid volumes have now been delivered
 Average production cash costs were US$391/dmt for the half year (excluding royalties and marketing fees) ― June cash costs were US$334/dmt and cash costs will continue to reduce across 2017 H2

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