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News: Minara output still on standby

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    Minara Resources Ltd (ASX:MRE) has revealed that output at its Murrin Murrin project is still on standby, following a technical failure last week.



    The nickel producer says the project’s acid plant, where acid goes through ore to recover a nickel solution, remains offline.



    The failed heat exchanger unit now requires a replacement and is being sourced.



    Minara says the impact on the company’s 2011 production guidance, of up to 37,000 tonnes of annual nickel production, is being assessed.



    Minara Resources generated a net profit of $58.3 million in the 2010 calendar year.


 
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