MSC 0.00% 6.4¢ minerals corporation limited

...update...

  1. 4,844 Posts.
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    NEW DISTRIBUTION CENTRE - CAIRNS

    A warehousing and 25kg bagging facility has been established at
    Cairns. This facility is currently distributing kaolin products to
    the domestic markets utilizing cheap back freighting opportunities.

    RIVER BARGE ACQUISITION

    SRK has purchased the first of a planned series ofriver barges. The
    ability to use an in-house fleet provides SRK with; barges best
    suited in design to efficiently ply the Skardon River; control over
    logistics scheduling and, most importantly, with attractive economics
    for connecting to international shipping. Using an in-house barge
    facility significantly reduces our previously budgeted total shipping
    costs to customers.

    ALFA LAVAL CENTRIFUGE

    We are pleased to report that this machine has been rectified by the
    manufacturers in their Sydney factory with warranty cover and is
    being shipped back to Skardon River. This machine is planned to
    recommence production beginning of June.

    C V Alexander
    CHAIRMAN
 
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