Atlantic eyeing $122M Windimurra restructuring
Jul 11, 2014 | 01:14 PM
| Daniel Fitzgerald
NEW YORK Atlantic Ltd. is proposing an Australian $130-million ($122.1-million) restructuring of its Windimurra vanadium operations in Western Australia aimed at addressing "production bottlenecks."
The rebuilt facility would have a production capacity of 4,800 to 5,200 tonnes of contained vanadium per year, well below Windimurras previous nameplate capacity of 6,300 tonnes, the Perth, Australia-based company said.
The proposal is the result of a technical review by Atlantic staff and external engineering advisors (amm.com, March 24) following a fire in the beneficiation plant in February that has halted vanadium production for an expected 12 months (amm.com, Feb. 11). ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.