HLM
HLM
HLM - HULAMIN LIMITED - Camps Drift hot finishing mill recommissioned
HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number 1940/013924/06)
ISIN: ZAE000096210
Share Code: HLM
("the company")
CAMPS DRIFT HOT FINISHING MILL RECOMMISSIONED
The Camps Drift hot finishing mill has been repaired and re-commissioned, 46
days after the component failure.
Production of thicker gauge plate and production from the twin roll casters
continued during this period and production losses were limited to
approximately 25 000 tons. Available inventory has been processed and the
maintenance to the Camps Drift Remelt, which was pulled forward to coincide
with the breakdown, has been completed as planned.
The cause of the failure has been identified, and will support the claim in
respect of cost of damage and business interruption that has been lodged with
the company`s insurers.
18 June 2012
Pietermaritzburg
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 18/06/2012 11:27:59 Produced by the JSE SENS Department.
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