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GREY:HRIVF - Post by User

Comment by MightyWingmanon Apr 26, 2010 9:36pm
410 Views
Post# 17033418

RE: RE: RE: RE: Severstal q1 numbers are out

RE: RE: RE: RE: Severstal q1 numbers are outHonkeybill,

This is from HRG's MD&A reports on Sedar:

Outlook

A technical audit of the Berezitovy process plant has been completed by a team of engineering consultants. A second ball mill is being built and commissioning is planned for the first half of 2010. The mill will have a capacity of 90 tonnes per hour and the estimated cost of the equipment is approximately $1.5 million (43 million Roubles). Subsequent to the year end, the main crusher was out of operation for most of February due to mechanical problems.

MW

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