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Strandline Navigates Production Dip Amid Debt Talks and Infrastructure Push
6:17pm on Friday 31st of January, 2025 AEDT
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Mining
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Strandline Navigates Production Dip Amid Debt Talks and Infrastructure Push
6:17pm on Friday 31st of January, 2025 AEDT
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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