Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Thu 9 Jan 2003, 12:14 Kumba - Ticor SA first furnace on track for arc-up
KUMBA RESOURCES LIMITED                                                         
Incorporated in the Republic of South Africa                                    
Reg.No. 2000/011076/06                                                          
Share code  :  KMB                                                              
ISIN        :  ZAE000034310                                                     
Telephone : + 27 (12) 307 4843       P.O. Box  9229                             
Telefax   : + 27 (12) 307 4080       PRETORIA  0001                             
2003-01-09                                                                      
TICOR SOUTH AFRICA`S FIRST FURNACE ON TRACK FOR ARC-UP                          
Completion of the Ticor South Africa smelter remains on track, following the    
hand-over of the first furnace from the construction contractor to Ticor South  
Africa`s operations team.                                                       
Ticor managing director, Rod Ruston, said: "It is pleasing that we have achieved
the handover to operations ahead of schedule. This will allow the operating team
to focus completely on plant commissioning, a critical and sensitive part of the
process.  During initial pre-heating of the furnace water damage to the         
refractory lining was discovered, necessitating replacement of the refractories.
Despite this we expect arc-up to occur at the end of the first quarter 2003 as  
originally scheduled."                                                          
Mr Ruston went on to say that construction of the second furnace was well       
underway with work on the installation of the shell having already commenced. It
is expected to be commissioned one year after the first furnace. With the two-  
furnaces in full operation, Ticor South Africa will produce 250 000 tonnes of   
titania slag and 140 000 tonnes of pig iron.                                    
ends                                                                            
Note                                                                            
Kumba Resources Ltd, one of the largest South African-based mining companies    
listed on the JSE Securities Exchange, is a focused metals and mining company   
with a diverse commodity portfolio consisting of iron ore, heavy minerals, coal,
base metals and industrial minerals.  www.kumbaresources.com                    
Contacts:                                                                       
Wim de Klerk                  Pat Mdoda                                         
General Manager:              General Manager:                                  
Heavy Minerals                Corporate Affairs                                 
Tel: 012 - 307-4848           Tel: 012 - 307-4553                               
Trevor Arran                                                                    
General Manager:                                                                
Investor Relations                                                              
Tel: 012 - 307-3292                                                             
Date: 09/01/2003 10:00:00 AM Produced by the JSE SENS Department                


Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
[  Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: