Vast Resources announces cold commissioning of Baita Plai
Vast Resources
0.09p
11:19 08/11/24
Mining company Vast Resources announced the cold commissioning of Baita Plai Polymetallic Mine on Monday.
FTSE AIM All-Share
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11:35 08/11/24
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11:34 08/11/24
The AIM-traded firm said that over the past year, since the association licence was granted, the mine’s infrastructure required for the cold commissioning including the electricity line, tailings pipe, mills, crushers, floatation line and equipment had been either upgraded, refurbished or replaced.
Initial trial production was expected to be carried out shortly, the board said.
“The current cold commissioned capacity is up to 7,000 tonnes per month, and will be progressively ramped up after the arrival of the new equipment from China in January to 14,000 tonnes per month, in accordance with the project plan,” the board said in its statement.
At 1612 GMT, shares in Vast Resources were down 3.59% at 0.26p.