MRC 0.00% 2.6¢ mineral commodities ltd

Ann: Notice of Annual General Meeting, page-5

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  1. 16,612 Posts.
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    Hi Dcmmm,

    I am not sure of the GSP/SCP capacity,

    The following is from the 2018 Annual report, it appears the GSP achieved a production rate of over 850k tpa based on 105tphr and 93.8 Unitisation.
    Running at 100% capacity (unlikely ever to happen) at 109tpa (2017 results) it would have a production capacity of around 954k tpa

    https://hotcopper.com.au/data/attachments/5229/5229751-c240767b0cb3a42ea5b0328ee5f04507.jpg
    2017 Annual report results

    https://hotcopper.com.au/data/attachments/5229/5229760-b31b8422d8d5962dab5ccbb8335b2a26.jpg


    MRC issue doesn't appear to be related to the GSP/SCP plants capacity, 2017 it produced 435k tonnes of garnet, 217k tonnes of ilmenite and 22k tonnes of Zircon/Rutile - Total production of HMC was 674k tonnes. As we know, the GSP/SCP is the second process after material has been processed through the PBC/PCP.

    To show the bottleneck caused by the reduced grade, Last year MRC produced 253k tonnes of HMC based on a through put of 510k tonnes (GSP/SCP). I.e the plant would have been operating at 50-60% its capacity.


    BTW, thank you for asking the question, I had never thought of what MRC total capacity could be with GSP/SCP, it looks impressive and MRC could install another PCP to take advantage of the spare capacity into the future (subject to demand)
 
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