Report

Update: Rising production profile, exploration appeal

Mineral Commodities (MRC) plans to complete its Tormin plant optimisation in July 2016. It is expected to increase heavy mineral (HM) recoveries and produce higher-grade, higher value-add products and result in additional production capacity and enhanced operating flexibility. MRC will be able to capitalise on its expanded exploration programme for high-grade resources in the region.
Underlying
Mineral Commodities Ltd.

Mineral Commodities principal activities are mineral sands mining and processing at the Group's Tormin Mineral Sands Project in the Western Cape Province of South Africa, undertaking procedures and evaluation for the future development of the Xolobeni Mineral Sands Project in the Eastern Cape Province of South Africa, and investigations into other mineral resources. Co. has three reportable segments: Mineral Sands mining and production (Tormin Mineral Sands project) – South Africa; Mineral Sands exploration (Xolobeni Mineral Sands project) – South Africa; and Corporate (management and administration of Co.'s projects) – Australia and South Africa.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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