Stratmin Global Resources PLC Operational Update (1723A)
February 17 2014 - 2:00AM
UK Regulatory
TIDMSTGR
RNS Number : 1723A
Stratmin Global Resources PLC
17 February 2014
17 February 2014
StratMin Global Resources Plc
('StratMin' or the 'Company')
Operational Update; MechProTech Scrubber Arrives on Site
StratMin (AIM: STGR), the graphite production and exploration
company with assets in Madagascar, confirms the arrival at site of
the MechProTech scrubber on Saturday 15 February. The scrubber
arrived in Madagascar on 1 February after delays resulting from bad
weather at the ports of Durban and Port Louis.
All site preparation needed to carry out the installation has
been completed. The installation will be overseen by an engineer
from MechProTech and is expected to take up to two weeks.
During the delay the Company took the opportunity to carry out
further planned improvements at the plant in advance of production
restart. These included:
-- Upgrades at the furnace aimed at handling higher volumes;
-- Further improvements in flotation cell configuration;
-- Reconstruction and semi-sealing of the road from the site to
the main road. The new road is designed to handle an increase in
heavy vehicle traffic;
Manoli Yannaghas, StratMin's Managing Director, said:
"Forces beyond our control caused a delay in the delivery of the
scrubber. We have however used this time well to prepare the site
for the scrubber's arrival and to carry out improvements that will
help us when production starts again. I am expecting us to be in
production in March 2014."
For further information please visit www.stratminglobal.com or
contact:
+44 (0) 20
StratMin Global Resources Plc 7467 1700
Manoli Yannaghas (Managing Director)
Peel Hunt LLP (Nomad & Broker) +44 (0) 20
Matthew Armitt / Ross Allister 7418 8900
Blythe Weigh Communications
Tim Blythe / Halimah Hussain / +44 (0) 20
Camilla Horsfall 7138 3204
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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