- Kaiser Reef (KAU) completes major infrastructure improvements at its A1 Mine and Maldon processing facility in Victoria
- Upgrades focused on automating a majority of the production, reducing the manual interventions required
- The improvements will shave 35 minutes from start up and shutdown times, while ore mining rates are expected to increase from 2000 to 5000 tonnes a month
- The upgrades aim to make the site not only more effective, but more energy efficient, with less of an environmental impact
- Shares lift 7.5 per cent to 21.5 cents at 2:00 pm AEST
Kaiser Reef (KAU) has completed major infrastructure improvements at its A1 Mine and Maldon processing facility in Victoria.
The company’s upgrades focused on automating a majority of the production and reducing the manual interventions required, particularly for start up and shut down procedures.
The improvements will shave 35 minutes from start up and shutdown times, and deliver a 20 per cent increase in material input rates and a reduction in running costs.
Automation of certain tasks would also help make working at the mill safer for staff.
Ore mining rates are expected to increase from 2000 to 5000 tonnes a month from the improvements.
The site recently acquired high voltage power upgrades, improved ventilation and additional underground remote mining fleets.
The upgrades aim to make the site not only more effective, but more energy efficient and have less of an environmental impact.
Kaiser lifted 7.5 per cent to 21.5 cents at 2:00 pm AEST.