Katanga Mining Ltd Ord KATFF

Q2 is out: Robust growth in Cu & Co production

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KAT Q2 Production Results are out: KAT expects to release its second quarter 2018 financial results on or about August 7, 2018. https://www.newswire.ca/news-releases/katanga-mining-announces-2018-second-quarter-production-results-and-date-of-release-of-2018-second-quarter-financial-results-689583671.html Copper cathode production has increased to 35,615 tonnes in Q2 2018 from 27,677 tonnes in Q1 2018. Cobalt contained in hydroxide has increased to 2,429 tonnes in Q2 2018 from 525 tonnes in Q1 2018. The objective of the cobalt projects is to upgrade the existing cobalt plant design in order to reduce the bottlenecks and increase production capacity up to 40,000 tpa of cobalt contained in hydroxide by modification to the precipitation, thickening and filtration and drying and bagging processes. The improvements being made as part of the cobalt projects will integrate with the existing WOL processing facilities at Luilu.