EWR East West Res

TIDMAMBR

RNS Number : 4254C

Ambrian PLC

15 October 2015

Ambrian plc

("Ambrian" or the "Company")

Hot commissioning of the Beira cement plant

Highlights

   --      Commissioning of the plant in the port of Beira, Mozambique is complete 
   --      Commencement of commercial production is anticipated shortly 

Ambrian plc, through its wholly owned subsidiary Cimentos de Beira ("CdB"), is pleased to announce the completion of the hot commissioning of its US$45 million clinker grinding and cement packaging plant in Beira, Mozambique. The plant, including its associated equipment and power supply, has now been run successfully and steady state of production is expected to be achieved over the coming months as processes and feed intake are optimized. The plant has an installed capacity of 800,000 tonnes of cement per annum.

During the final stages of commissioning, the project was honoured to receive a visit by the Prime Minister of Mozambique, Agostinho do Rosario and the governor of Sofala, Maria Helena Taipo.

Robert Adair, Chairman of Ambrian, commented:

"The conclusion of commissioning activities represents another milestone in the development of our industrial activities and I would like to congratulate our colleagues in Mozambique without whose dedication and tenacity, completion of this project could not have been achieved. With the first sales, Ambrian will have realised its ambition of becoming a producer of high quality cement, supplying a growing market for many years to come"

Enquiries

 
 Ambrian plc 
 Roger Clegg              + 44 (0)20 7634 4700 
 
 
 Cenkos Securities plc 
 Neil McDonald            + 44 (0)20 7397 8900 
 Nick Tulloch 
 

Notes to Editors

Ambrian is active in the physical trading of industrial metals and minerals. It sources and supplies a variety of commodities to end users all over the world. Supported by its offices in London, Shanghai, Taiwan, Singapore and a network of agents in North and South America, Asia and the Middle East, Ambrian provides producers and consumers with its marketing insight whilst emphasizing the financing and risk management aspect of its trading and logistic activities. Ambrian is also active in the cement business through its majority interest in cement and concrete ready-mix facilities in Mozambique. Ambrian is quoted on the AIM market of the London Stock Exchange under the ticker symbol AMBR.

Further information on the Group is available on the Company's website: www.ambrian.com or the website of Cimentos da Beira Lda: www.cdb.co.mz.

Further information on Ambrian is available on the Company's website: www.ambrian.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFSVIILELIE

(END) Dow Jones Newswires

October 15, 2015 09:42 ET (13:42 GMT)

East West Res (LSE:EWR)
Historical Stock Chart
From Nov 2024 to Dec 2024

East West Res (LSE:EWR)
Historical Stock Chart
From Dec 2023 to Dec 2024