Adriatic Metals Production Not Expected to Be Impacted by Bosnian Storm

MT Newswires Live10-09

Adriatic Metals' (ASX:ADT) production is not expected to be impacted by a storm and flooding in Bosnia and Herzegovina despite short-term water management issues at its Rupice mine and Vares processing plant, according to a Wednesday filing with the Australian bourse.

The railway connecting Sarajevo to Ploce Port in Croatia has been damaged, with certain sections flooded and covered with debris due to landslides.

The company said, however, that it has trucked concentrate previously and will use it as a temporary solution until the railway is repaired.

Shares in Adriatic Metals fell past 1% in recent Wednesday trade.

Price (AUD): $3.51, Change: $-0.04, Percent Change: -1.13%

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