The processing plant is demonstrating significant performance improvements since the logwasher repair and engineering modification works were completed on schedule in late December 2021.
Element 25 Ltd (ASX:E25) has had a strong start to operations at Butcherbird Manganese Project in 2022 with the Stage 1 production plant achieving a new daily production record of 1,209 tonnes on January 3, well above the target nameplate production of 1,000 tonnes.
This provides encouragement for the company following the completion of logwasher repairs and engineering modification works on schedule in late December 2021.
The processing plant is demonstrating significant performance improvements since re-commissioning of the plant as evidenced by the new daily record along with record average daily production of 934 tonnes since December 23.
Step-change in performance
E25 managing director Justin Brown said, “The record daily production of 1,209 tonnes achieved on January 3 is equivalent to annualised production of over 400,000 tonnes per annum which exceeds our 365,000 tonnes per annum nameplate capability.
"Whilst it is premature to make firm forecasts on annual production volumes, it is highly encouraging to see this step-change in process plant performance after the implementation of the planned improvements.”
Investors have welcomed the project update with shares as much as 20.42% higher in early trade to A$1.445.
Engineering improvements
Works last month focused on the repair of the...
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