Keras Resources plc (LSE:KRS) reports notable developments in its mining activities. Its Falcon Isle subsidiary in Utah is actively producing Phosul® granulate along with dry rock phosphate products, with plans to boost phosphate stockpiles by 5,000 tons ahead of increased winter demand. Concurrently, the Nayéga manganese mine in Togo has finished recommissioning and is now scaling up its output, with intentions to expand processing capabilities. These operational improvements are expected to generate positive cash flow, strengthening Keras Resources’ presence in both the organic and conventional fertilizer markets.
About Keras Resources
Keras Resources plc is an AIM-listed mining company focused on producing high-quality organic phosphate products, primarily via its Diamond Creek mine in Utah, USA. The company operates an integrated mine-to-market system serving the organic fertilizer industry. Additionally, Keras manages the Nayéga manganese mine in Togo, aiming to grow its footprint within the US organic fertilizer sector.
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