Key Point - Kupang Smelting Hub Facility Operational Update
• Manganese ore supply agreements signed with two local mining companies with further supply agreement expected to be executed imminently
• Next stage of smelter refurbishment program underway in South Africa with the two smelting furnaces now fully dismantled and equipment transported to contractors for refurbishment
• Gulf progressing permitting requirements in order to generate near-term cash flow from sale of Direct Shipped Ore (DSO) (>49% Mn) from Kupang
GMC Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held