Meridian Mining SE (TSX V: MNO) (“Meridian” or the “Company”) today announced it shipped 10,000 tonnes of manganese ore to a major Asian customer. The manganese ore was shipped on November 12th from Belém, Brazil and it will take approximately 30 days to reach its destination. The shipment is part of an ongoing arrangement with a further 10,000 tonnes committed for December /January. For 2018, the Company has committed to ship up to 30,000 tonnes to the same customer.
As quoted in the press release:
“The size of this order demonstrates our confidence in the new Jaburi plant infrastructure to increase and maintain production output at a new level. The order reflects our customer’s confidence in Meridian’s ability to meet their increasing demands for more high-quality product from a consistent supplier” said Anthony Julien, Meridian, President & CEO.