Australia AGD's antimony output at less than half of expectation

Tokyo (Platts)--24Jul2007

Australian miner has produced 160-200 mt/month of antimony
concentrate since late March, which is less than half of the initially
expected volume, an official of the company said on Tuesday.

Australian miner, a UK-based Cambrian Mining group company, operates an
antimony/gold mining field and an antimony concentrate plant in the
Costerfield region in the Australian state of Victoria. The company's initial
target was to produce 60,000 mt/year of antimony and gold ores from the mine
field and produce 5,500 mt/year of antimony concentrate, by treating the ore
at the concentrate plant built in the mine field. The plant became operational
in late March of this year. Its current production capacity is 200 mt/month,
treating 2,000-3,000 mt/month of ores, according to the AGD official in charge
of Costerfield operations.

The 200 mt/month (2,400 mt/year) concentrate production is less than half
of the company's initial target of 5,500 mt/year.

The official said there have been restrictions limiting the output level
but once various conditions are met, his company plans to expand production.

In 2006, AGD signed a contract to supply the Costerfield antimony
concentrate to a Chinese trading house Hunan. The Costerfield official said all of his antimony concentrate
are being shipped to China and not to other destinations. AGD is committed to
supply the Chinese buyers for a period of three years, he added.


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