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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Zincox Res. | LSE:ZOX | London | Ordinary Share | GB0031124638 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.45 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMZOX
RNS Number : 5753E
ZincOx Resources PLC
11 February 2015
11 February 2015
ZincOx Resources plc
("ZincOx" or the "Company")
Record Production at Korean Recycling Plant
The Company is pleased to announce that January 2015 was a record month for the performance of its wholly owned Korean Recycling Plant (KRP).
-- 16,414 tonnes electric arc furnace dust (EAFD) treated in January (92% of the nominal monthly capacity): a 10% increase on the previous record set in October 2014
-- Zinc recovery for the month is about 90% (target 95%) -- KRP: EBITDA US$650,000 (estimate based on current zinc price US$2,122 per tonne) -- Continuous operation since 18 December 2014
At the increased throughput the plant is working with good stability and high availability and with operating costs in line with long term targets.
A short stoppage is planned towards the end of February 2015 for the purposes of a routine quarterly maintenance.
Throughput in February 2015 is expected to be lower than January 2015 as a result of this suspension and also as a result of reduced EAFD generation by the steel mills. The Korean steel industry is currently operating at a slightly reduced capacity, with a proportional reduction in the generation of EAFD. KRP is arranging additional EAFD supply contracts which are expected to be in place by the end of March 2015.
For more information please contact:
Hot Features
Premium
Tel: +44 (0) 127 645
ZincOx Resources plc 0100
Andrew Woollett, Chief Executive Officer
Peel Hunt LLP (Nominated Adviser and Tel: +44 (0) 207 418
Joint Broker) 8900
Daniel Harris
Euan Brown
finnCap Limited (Joint Broker) Tel: +44 (0) 207 220
Matthew Robinson 0500
Joanna Weaving
Tavistock Communications (Financial PR) Tel: +44 (0) 207 920
Simon Hudson 3150
Nuala Gallagher
This information is provided by RNS
The company news service from the London Stock Exchange
END
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