09
Jul
17:40
Strategic Minerals boosts guidance for Cobre output, sales
A record second-quarter performance is prompting Strategic Minerals to raise its full-year sales outlook for the Cobre iron mine in New Mexico, Kallanish discovers from a company press release.
London-based Strategic indicates that Cobre mine volumes were 31,327 tonnes during the first half of the year, and executives now project 2024 full-year volumes to exceed 60,000t. This compares with 2023 output of 17,965t.
"The quarter's sales have exceeded our ex…
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Very good overview of the weekly steel market.
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