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Avenira: Baobab phosphate plant to reach nameplate capacity in Q1'17

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Avenira: Baobab phosphate plant to reach nameplate capacity in Q1'17

Avenira Ltd. on Dec. 28 said it expects to reach full nameplate production of the mine plant at its Baobab phosphate project in Senegal in the first quarter of 2017.

During the production ramp up, the company for A$50,000 installed a hydro-cyclone to improve throughput and product quality.

The ASX-listed company is now looking for a dryer to improve drying throughput rates.

The company's subsidiary, Gadde Bissik Phosphates Operations SARL, which holds the company's Baobab phosphate project, has produced about 20,000 tonnes of phosphate product now on the drying pads.

Avenira produced its first phosphate from the Baobab project in August, with the maiden shipment of the product expected in the first quarter of 2017.

Baobab's first-stage operations, which took US$15 million to develop, are expected to produce 500,000 tonnes of phosphate per year.

In addition, the company said it expects to appoint a new managing director in the first quarter of next year after Cliff Lawrenson's term ends in January 2017.