Brief: Sierra Rutile Posts Qtrly Production Of Rutile Of 28Kt, Down 22%

Sierra Rutile Holdings

17/10/2022 02:31

Oct 17 (Reuters) - Sierra Rutile Holdings Ltd  SRX.AX :
    * PRODUCTION AND COST UPDATE FOR SEPTEMBER 2022 QUARTER
    * QUARTERLY PRODUCTION OF RUTILE OF 28KT, DOWN 22% AS
AGAINST BOTH
THE PREVIOUS QUARTER AND Q3 2021
    * UNIT COSTS FOR THE QUARTER ARE EXPECTED TO BE US$1,490 PER
TONNE
OF  RUTILE PRODUCTION
    * EXPECTS THAT PRODUCTION IN REMAINING MONTHS OF YEAR WILL
RETURN
TO NORMAL LEVELS
    * UNIT COSTS ARE ANTICIPATED TO BE SIGNIFICANTLY LOWER IN Q4
2022

Source text for Eikon:  ID:nASX905fzJ 
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 (Reporting by Poonam Behura)
 ((Poonam.Behura@thomsonreuters.com;))