Baobab Resources (LON:BAO) - Tete met test results
Mar 04th 2013 - Edison Investment Research today published a report on Baobab Resources (BAO.L, LSE:BAO, LON:BAO) entitled "Tete Met Test Results". In summary, the report says:
Baobab released the updated metallurgical test work results that follow up on the early-stage mass balance modelling for the coarse cobbing material from the Tete pig iron project in Mozambique. The latest results from the reduction and smelting tests demonstrate the ability to produce a low-impurity, typical specification pig iron product using the abundant domestic low-priced thermal coal as a reductive agent.
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