NQ Minerals (NQMI PZ) has announced that plant throughput has been increased to 150tph which implies 1.3mntpa against last years achieved 0.84mnt. We highlighted in our recent initiation that NQMI was on track to further increase production to an estimated c980kt in 2020F with capacity rising through the year, this has been achieved sooner than anticipated. With the full benefit of the 44% increase in capacity against 2018 felt in 2021F we continue to expect further positive impact on NQMI&rs
02 Jul 2020
VSA Morning Miner
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VSA Morning Miner
NQ Minerals (NQMI PZ) has announced that plant throughput has been increased to 150tph which implies 1.3mntpa against last years achieved 0.84mnt. We highlighted in our recent initiation that NQMI was on track to further increase production to an estimated c980kt in 2020F with capacity rising through the year, this has been achieved sooner than anticipated. With the full benefit of the 44% increase in capacity against 2018 felt in 2021F we continue to expect further positive impact on NQMI&rs