Business
Uis Phase 1 Expansion Commissioning Complete
Uis Phase 1 Expansion Commissioning Complete.
About this update from Andrada Mining Limited
[{"type":"text","content":"\n \n \n \n 7 November 2022\n \n \n \n The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.\n \n \n \n AfriTin Mining Limited\n \n \n \n (\"AfriTin\" or the \"Company\")\n \n \n Uis Phase 1 Expansion Commissioning Complete\n \n \n AfriTin Mining Limited (AIM: ATM), an African technology metals mining company with a portfolio of mining and exploration assets in Namibia, is pleased to provide an update of its Phase 1 Expansion Project at the Uis Mine (\"Uis\").\n \n \n Highlights:\n \n \n \n ·\n \n Commissioning of the Uis Phase 1 Expansion Project complete;\n \n \n \n \n \n ·\n \n Production projected to ramp up from 780 to 1200 tpa of tin concentrate over the next three months; and\n \n \n \n \n \n ·\n \n The potential by-product production of lithium and tantalum is expected to benefit from the plant throughput expansion due to its co-occurrence within the ore.\n \n \n \n \n Anthony Viljoen (CEO) commented:\n \n \n \"We are extremely pleased to announce the completion of commissioning for our Uis Phase 1 Expansion Project. The beneficiation plant is performing well, and the production ramp-up from pre-expansion levels is going according to plan. The potential production of lithium and tantalum by-products is also expected to benefit from the expansion of the throughput capacity of the plant, since these minerals will be extracted from the existing processing streams.\n \n \n Our team has once again demonstrated the ability to deliver value accretive projects. Our development strategy is centred on driving costs down whilst expanding our mineral resource base, production volumes and product portfolio of tin, lithium and tantalum with the concomitant increase in revenue streams. We remain committed to our goal of becoming a tier-one producer of technology metals.\"\n \n \n Project Overview\n \n \n The Uis Phase 1 Expansion Project (\"the Project\") targets an increase in production at Uis from approximately 780 tonnes per annum (\"tpa\") to 1200 tpa tin concen...