Amex sec­ond ship­ment in Novem­ber

Fiji Sun - - Business - Pro­duc­tions Con­tents Feed­back: charles.cham­[email protected]­ CHARLES CHAM­BERS

Amex Re­sources Lim­ited is ex­pected to ex­port their sec­ond ship­ment of mag­netite concentrat­e in mid-Novem­ber. This was con­firmed yes­ter­day by the com­pany’s gen­eral man­ager, Aliv­ereti Tuidravuni.

The first ship­ment left for China to­wards the end of Au­gust and fu­ture ship­ments de­pended on pro­duc­tion.

Mr Tuidravuni said with pro­duc­tion, they were look­ing at mid-Novem­ber for the sec­ond load­ing. The ex­port prices for each ship­ment would be im­pacted by the sale of the min­eral by New Zealand as they were the most es­tab­lished ex­porter of iron­sands, hav­ing be­ing in op­er­a­tion for over 40 years. Ear­lier Mr Tuidravuni had said the iron con­tent of the ship­ment in­clud­ing im­pu­ri­ties were ex­tremely im­por­tant to the fi­nal price achieved but like the ma­jor­ity of bulk com­modi­ties would fluc­tu­ate with the global price. Amex’s pro­duc­tions and ship­ments over the next 12 months were to demon­strate to the off-take buy­ers Fiji could be a re­li­able sup­plier of iron­sands both from a quan­tity and qual­ity per­spec­tive.

The com­pany was hop­ing for 15 ship­ments per an­num with the fre­quency of the ex­ports solely de­pen­dent on the pro­duc­tion. Mean­while in a full page advertisem­ent in this news­pa­per on Sep­tem­ber 7, Amex has de­nied con­tents of a video clip which was ti­tled ‘Heart­less Min­ing’.

Con­tents of the clip in­cluded the re­port say­ing those who owned the cus­tom­ary fish­ing rights from Vo­tua and Nawaqarua at the mouth of the Ba River did not know the doc­u­ments they signed with the com­pany as it was writ­ten in English.

The com­pany has de­nied this say­ing the three ‘turaga ni yavusas’ who signed the doc­u­ment was writ­ten in the itaukei lan­guage and en­dorsed by the as­sis­tant rook of the Ba Pro­vin­cial Coun­cil.

The com­pany said the in­for­ma­tion form the clip was one sided and “ex­tremely bi­ased.” Mr Tuidravuni re­it­er­ated the com­pany’s com­ments on the advertisem­ent and could not com­ment further other than that.

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