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News: SRX Sierra Rutile Holdings Says FY Production Expected Between 111Kt-113Kt Of Rutile

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    14/12/23
    10:20
    Post #: 71442829

    Dec 14 (Reuters) - Sierra Rutile Holdings Ltd (SRX) :

    • FULL-YEAR PRODUCTION NOW EXPECTED BETWEEN 111KT-113KT OF RUTILE
    • Q4 PRODUCTION HAS BEEN LOWER THAN ANTICIPATED
    • Q4 SALES ARE EXPECTED TO BE BROADLY IN LINE WITH PRODUCTION
    • MARKET DEMAND REMAINS SOFT, AND THIS IS REFLECTED IN NO CONTRACTED BULK RUTILE SALES FOR Q1 2024 AT THIS TIME
    • SIERRA RUTILE NOW EXPECTS SEMBEHUN DFS TO BE COMPLETED BY END OF Q1 2024
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