CAPITAL MARKETS

Revised Bootu Creek strategy set to deliver

WITH the re-optimisation strategy for its flagship Bootu Creek manganese mine in the Northern Territory now coming into its own, OM Holdings expects to deliver 850,000 tonnes of ore from the mine into the Chinese market this year.

MiningNews.Net
Revised Bootu Creek strategy set to deliver

The news, coupled with reports benchmark manganese prices could reach $US5 per dry metric tonne unit ($4.75/dmtu currently), seems to have been welcomed by investors with shares in the miner up nearly...

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