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Image Resources Ships First Heavy Mineral Concentrate, Eyes Positive Cash Flow in Q2

6:32am on Monday 2nd of June, 2025 AEST Mining
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Image Resources Ships First Heavy Mineral Concentrate, Eyes Positive Cash Flow in Q2

6:32am on Monday 2nd of June, 2025 AEST
Key Points
  • First heavy mineral concentrate (HMC) production at Atlas in February 2025
  • Initial shipment of 9,735 dry tonnes of HMC from Geraldton Port in April 2025
  • CY2025 market guidance: 175-195k DMT HMC production and 165-185k DMT shipments
  • Replacement of novel CT1 spirals with conventional MG12 spirals due to operational challenges
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