Less Ads, More Data, More Tools Register for FREE

Pin to quick picksZincox Resources Plc Share News (ZOX)

  • There is currently no data for ZOX

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

ZincOx Resources reports improvement from Korean plant

Tue, 14th Jul 2015 12:03

(ShareCast News) - Zinc concentrate producer ZincOx Resources said operations at its Korean recycling plant improved throughout the first half of 2015.In the period, the plant, the group's only producing asset, generated $22.2m in revenue, a 24.7% increase year-on-year, while earnings before interest, tax, depreciation and amortisation surged to $2.9m from $0.6m."These figures demonstrate the dramatic turnaround in the performance of our Korean operation, and we expect to see a significant further improvement as we reach full daily production through the import of feed stock," said group chief executive Andrew Woollett.ZincOx said the plant treated 77,485 tonnes of electric arc furnace dust in the first half of 2015, 27.9% more than in the corresponding period in 2014.The group said a reduction in the amount of electric arc furnace dust generated in Korea led to a restriction in production at the Korean recycling plant and for much of the half year the plant ran at only about 80% of capacity.To address the short supply of electric arc furnace dust in Korea, the group has unveiled plans to import material to treat at the site, adding it will use stockpiled material in the meantime, to ensure the plant runs close to full capacity.ZincOx shares were up 1.65% to 13.85p at 1116 BST on Tuesday.
More News
23 Jan 2017 10:36

ZincOx Resources teams up with Korea Zinc to start up plant in Vietnam

(ShareCast News) - ZincOx Resources, an AIM-listed company that recycles hazardous waste generated by recycling steel scrap, has entered into a joint-venture agreement with Korea Zinc company (KZC) to develop a recycling plant in Vietnam. Under the agreement, KZC will fund 100% of a Definitive Devel

Read more
12 Jan 2017 12:30

ZincOx acquires Korea Zinc for $7.95m

(ShareCast News) - ZincOx Resources, an AIM listed company that recycles hazardous waste generated from recycling steel scrap, has announced that it has entered into a sale and purchase agreement with Korea Zinc company (KZC) with regard to the company's remaining interest in Zinc Oxide corporation,

Read more
24 Nov 2016 12:38

ZincOx Resources and Korea Zinc Co in Vietnam recycling plant JV

(ShareCast News) - ZincOx Resources and Korea Zinc Company Ltd (KZC) have entered a Memorandum of Understanding (MoU) for the joint design and development of a recycling plant in Vietnam. The MoU foresees KZC funding 100% of a Definitive Development Study (DDS) in sufficient detail to enable the rai

Read more
28 Sep 2016 11:20

ZincOx operating loss widens amid viability concerns

(ShareCast News) - ZincOx Resources announced its unaudited half yearly results for the six months to 30 June on Wednesday, with revenue of $0.64m more than doubling from the $0.29m in the 2015 interim period. The AIM-traded firm's operating expenses were almost three times what they were in the pri

Read more
28 Sep 2016 09:43

WINNERS & LOSERS SUMMARY: UK Mail Jumps On Deutsche Post Cash Offer

Read more
28 Sep 2016 07:37

ZincOx Shares Plummet As Loss Widens And Threat Of Suspension Looms

Read more
1 Sep 2016 09:57

WINNERS & LOSERS SUMMARY: Weak UK Recruitment Market Hits Hays Stock

Read more
11 Jul 2016 07:43

ZincOx Hires AIM Veteran Donald McAlister As New Finance Director

Read more
17 Jun 2016 16:33

ZincOx raises £300,000 for working capital, other opportunities

(ShareCast News) - ZincOx Resources has raised £300,000 at 1p a share, proceeds going to working capital and various opporunities over the next 12 months using its metallurgical expertise. At 16:47 BST, shares in ZincOx were up 28% to 0.8p. It is working with EETAC, a consortium of US and intern

Read more
17 Jun 2016 11:02

LONDON MARKET MIDDAY: Threatened National Grid Left Behind By Rally

Read more
17 Jun 2016 09:46

WINNERS & LOSERS SUMMARY: National Grid Hit By Break-Up Recommendation

Read more
17 Jun 2016 07:38

ZincOx Resources Raises GBP300,000 In Share Placing (ALLISS)

Read more
10 Jun 2016 15:08

UK Shareholder Meetings Calendar - Next 7 Days

Read more
12 May 2016 10:08

ZincOx Shares Rise As It Begins Rebuilding Company After Tough 2015

Read more
29 Apr 2016 11:41

ZincOx Completes Transfer Of 90% Recycling Stake To Korea Zinc

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.