Toledo Mining says second shipment of laterite ore left Berong port

LONDON (AFX) - Toledo Mining Corp PLC said a second shipment of about 51,000 tonnes of laterite ore left the Berong port in the Philippines on March 2 and that the shipment, for the Chinese market, was loaded in under seven days.

The mining company said a third shipment of about 50,000 tonnes is expected to start loading around March 6 and a fourth shipment of same capacity is planned around March 20.

The company said about 100,000 tonnes of laterite ore is currently stockpiled at the coast for these shipments.

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