MDL mineral deposits limited
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News: MDL Mineral deposits updates on Tizir titanium and iron ilmenite upgrading facility

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    23/12/16
    11:44
    Post #: 21535064

    Dec 23 (Reuters) - Mineral Deposits Ltd (MDL) :

    • Reference is made to recent disclosures in respect of incident that occurred at Tizir Titanium and iron ilmenite upgrading facility
    • Tizir expects to commence production by mid-january 2017 and ramp up to commercial volumes over approximately four weeks
    • TTI has agreed with its insurer on a full and final settlement of NOK305 million
    • Relining of furnace and preparation for return to operations is proceeding according to plan
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