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Afarak Mogale to shut down for maintenance

By BFN News | 09:13 AM | Thursday 22 June, 2017


Afarak Group has announced that Afarak Mogale would be shutting down P1 furnace temporarily for unscheduled maintenance from the 24 July to the end of August and that P2 and P3 furnaces would be down for scheduled maintenance for a week. It expected that around 5,500 tonnes of charge chrome would not be produced. The company said it was still assessing the extent of the impact on the financial performance in Q3 and had initiated talks with insurers. At 9:13am: (LON:AFRK) Afarak Group share price was 0p at 82.5p Story provided by StockMarketWire.com

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