Brief: Sierra Rutile Holdings Says FY Production Expected Between 111Kt-113Kt Of Rutile

Sierra Rutile Holdings

13/12/2023 23:18

Dec 14 (Reuters) - Sierra Rutile Holdings Ltd  SRX.AX :
    * FULL-YEAR PRODUCTION NOW EXPECTED BETWEEN 111KT-113KT OF
RUTILE
    * Q4 PRODUCTION HAS BEEN LOWER THAN ANTICIPATED
    * Q4 SALES ARE EXPECTED TO BE BROADLY IN LINE WITH
PRODUCTION
    * MARKET DEMAND REMAINS SOFT, AND THIS IS REFLECTED IN NO
CONTRACTED BULK RUTILE SALES FOR Q1 2024 AT THIS TIME
    * SIERRA RUTILE NOW EXPECTS SEMBEHUN DFS TO BE COMPLETED BY
END OF
Q1 2024

Source text for Eikon:  ID:nASXm3ys5 
Further company coverage:  SRX.AX 

 ((Reuters.Briefs@thomsonreuters.com;))