Lonmin(LMI)

Sector:

Mining

Index:

FTSE 100

Market Cap

£5,184m

Change Today

Price Down-55.00p

Share Price

3,315.00p

Number One Furnace Power Down

RNS Number : 8041X
Lonmin PLC
30 June 2008
 



Lonmin Plc
Number One Furnace Power Down


Lonmin announces that it has detected a small water leak in one of the copper waffle coolers on the side wall of the Number One furnace. This was detected by the new condition based monitoring technology installed at the furnace over the last 12 months.  


In line with our safety procedures, the furnace is being powered down so that the cooler can be fully inspected and the necessary repairs completed. We currently estimate that the Number One furnace will be powered down for around 7 days, although this can only be confirmed once the cooler has been inspected. During this time we will continue to operate our Merensky furnace.


As we repair the furnace we will assess the impact of this incident on production and sales for the 2008 financial year.  



Enquiries:


Alex Shorland-Ball                                +44 (0)207 201 6060 

Vice President,                                

Investor Relations & Communications



This information is provided by RNS
The company news service from the London Stock Exchange
 
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