Ironveld achieves first sales from Rustenburg smelter

South Africa-focussed miner and speciality metals company Ironveld announced on Thursday that it achieved first sales of metal products from its Rustenburg smelter in June, as planned.

The AIM-traded firm said products sold included high-purity iron and the entirety of titanium slag produced so far this year, all to local buyers.

“As outlined on 12 May, the Rustenburg smelter will operate with two furnaces in July with the third operating furnace due to be brought on stream around the end of that month which will represent full planned operating capacity.”

At 1244 BST, shares in Ironveld were down 4.48% at 0.32p.

Reporting by Josh White for Sharecast.com.