Hazelwood Resources Targeting Lower Costs in Four Part Plan

Hazelwood Resources are starting a four-part management plan aimed at driving down cost and providing an area to help growth opportunities.

According to Mining Weekly:

[Mark] Warren pointed out that the technical ramp-up and performance of the plant in its 18 months of operation had proven that the project could produce consistently high-quality ferrotungsten from a range of variable feedstock. However, he noted that the company’s focus would now be on improving profitability at the plant through lower cost operations, and improved operating flexibility for the changing market conditions.

Mark Warren, executive chairperson, said:

These opportunities may see us expand our offering of complementary tungsten products to our client base and cement our position as a significant global manufacturer in the international tungsten industry.

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