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Strandline Navigates Production Dip Amid Debt Talks and Infrastructure Push

5:53pm on Sunday 1st of June, 2025 AEST Mining
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Strandline Navigates Production Dip Amid Debt Talks and Infrastructure Push

5:53pm on Sunday 1st of June, 2025 AEST
Key Points
  • HMC production fell to 36,781 tonnes from 46,115 tonnes in prior quarter
  • Mechanical downtime and lower ore grades affected output
  • Debt restructuring discussions ongoing with financiers; share suspension continues
  • Received $10 million funding from Northern Australia Infrastructure Facility
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