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Share Price: 1.875
Bid: 1.75
Ask: 2.00
Change: -0.125 (-6.67%)
Spread: 0.25 (14.286%)
Open: 1.875
High: 2.00
Low: 1.75
Prev. Close: 1.875
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IN BRIEF: Kropz sees introduction of first ore to Elandsfontein plant

Thu, 23rd Dec 2021 19:05

Kropz PLC - African phosphate developer - Sees first introduction of ore to plant at its Elandsfontein mine, located in the Western Cape in South Africa.

"Now that ore has been introduced to the plant, the team is ensuring all the front end circuits are balanced and running stably. The flotation circuits will then be commissioned and the reagents added in due course for the production of the first concentrate. Commissioning activities will transition into full scale ramp-up of the mining and beneficiation plant over the coming six months," company says.

First phosphate rock ore exports from Elandsfontein are expected in Q1 2022.

Current stock price: 4.75 pence

Year-to-date change: up 12%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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