Strategic Minerals 'on track to meet target' production

AIM-listed Strategic Minerals, the magnetite iron ore producer and exploration company, has reported that it has shipped 172,000 tonnes of magnetite iron ore so far in 2013.

AIM-listed Strategic Minerals, the magnetite iron ore producer and exploration company, has reported that it has shipped 172,000 tonnes of magnetite iron ore so far in 2013.

The company further disclosed that it is on track to meet a target of 600,000 tonnes this year.

The statement came after the company's Chief Executive Officer Paul Harrison delivered a presentation at an investor event on Monday April 22nd.

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Strategic Minerals' share price was up 3.25% to 4.92p at 10:14 on Tuesday.

MF