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Bens Creek Group PLC (BEN)

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Wednesday 08 June, 2022

Bens Creek Group PLC

Further rail delivery

RNS Number : 1378O
Bens Creek Group PLC
08 June 2022
 

Bens Creek Group plc

("Bens Creek" or the "Company")

 

 Furtherrail delivery

 

 

Bens Creek Group Plc (AIM: BEN) is pleased to announce that, further to the announcement released on 6 June 2022, a second train with 100 cars has arrived on the Bens Creek mine and will be loaded with a second batch of 11,000 clean tons of its High Vol B product for delivery to Integrity Coal Sales Inc. ("Integrity"), the Company's offtake partner.

 

A third 100 car train has been booked, which we expect to arrive during the current month.

 

Adam Wilson, Chief Executive Officer of Bens Creek, commented:

 

"I am delighted we are able to secure the immediate arrival of our second train following the arrival of the first train, as announced on Monday, 6 June 2022. The speed of commissioning the second train attests to our strategy of production and delivery to our offtake partner, Integrity.

 

"We now expect train deliveries of our product to Integrity will be regularised to enable fulfilment of our commitments to Integrity and therefore we do not intend to announce subsequent rail deliveries as they occur.

 

"Again, I would like to thank Integrity and our operational team at Bens Creek who have worked tirelessly to ensure we were able to secure the arrival of the second train so soon after the completing the loading of the first train."

 

For further information please contact:

Bens Creek Group plc

Adam Wilson, CEO

Raju Haldankar, CFO

 

+44 (0) 204 558 2300

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Nick Athanas / Nick Naylor / George Payne (Corporate Finance)

Kelly Gardiner (Sales and Corporate Broking)

+44 (0) 203 328 5656

 


Optiva Securities Limited (Joint Broker)

Christian Dennis / Mariela Jaho / Daniel Ingram

+44 (0) 203 137 1902

 

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