22nd May 2007 11:51
Red Rock Resources plc22 May 2007 RED ROCK RESOURCES PLC Trading Update Dated: 22 May 2007 Red Rock Resources plc ("Red Rock" or the "Company") the mineral explorationand development company focused on advancing iron ore, uranium and manganeseprojects in Australia and East Africa, announced on 16 April that it had enteredinto an agreement with Chiman Manufacturing Ltd ("Chiman") for toll processingof manganese in Zambia to produce ferromanganese (the "Agreement"). The Agreement becomes effective upon first delivery of manganese ore to theChiman ferromanganese plant. Detailed planning is proceeding, and the Companywill make an announcement when manganese deliveries begin. On 11 May the Environmental Council of Zambia closed the Chiman plant pendingcompliance with an enforcement notice issued on 26 March, compliance not havingbeen undertaken at the time of the Council's inspection. Chiman managementstates that it has the necessary equipment on site and installation has nowbegun. Completion of the remedial work is expected within a month. Upon commencement of operations under the Agreement, the Company will work withChiman to ensure continuing compliance with acceptable health and safety andenvironmental standards. Enquiries:Andrew Bell 07766 474849 Red Rock Resources plc Chairman John Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated Adviser Ron Marshman / John 020 7628 5518 City of London PR Limited Public RelationsGreenhalgh Updates on the Company's activities are regularly posted on Red Rock's website,www.rrrplc.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Red Rock Resources