10:23 AM EST - Ecora Resources PLC : Issues the following trading update for the period October 1, 2022 to December 31, 2022. This update is released ahead of the Group's audited full year results on March 29, 2023. Highlights: Record FY22 portfolio contribution of $143.1 million up 67% on FY21 ($85.6 million) as the portfolio benefited from stronger commodity prices for the majority of the year. Q4 portfolio contribution of $17.8 million, a 48% reduction compared to Q3 22 ($34.1 million), driven by lower saleable production from the Kestrel mine due to reduced mining rates and operational constraints that limited throughput volumes at the handling and preparation plant. Construction commenced on the West Musgrave copper nickel project with production forecast by OZ Minerals to start in H2 25. Ecora Resources PLC
shares T.ECOR are trading unchanged at $2.44.
