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HLM - HULAMIN LIMITED - Camps Drift hot finishing mill recommissioned

Release Date: 18/06/2012 11:27
Code(s): HLM
Wrap Text

HLM - HULAMIN LIMITED - Camps Drift hot finishing mill recommissioned HULAMIN LIMITED Incorporated in the Republic of South Africa (Registration number 1940/013924/06) ISIN: ZAE000096210 Share Code: HLM ("the company") CAMPS DRIFT HOT FINISHING MILL RECOMMISSIONED The Camps Drift hot finishing mill has been repaired and re-commissioned, 46 days after the component failure. Production of thicker gauge plate and production from the twin roll casters continued during this period and production losses were limited to approximately 25 000 tons. Available inventory has been processed and the maintenance to the Camps Drift Remelt, which was pulled forward to coincide with the breakdown, has been completed as planned. The cause of the failure has been identified, and will support the claim in respect of cost of damage and business interruption that has been lodged with the company`s insurers. 18 June 2012 Pietermaritzburg Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18/06/2012 11:27:59 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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