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10th April 2023

Stock Digest - Malaysia Smelting Corporation Bhd - Site Visit To Pulau Indah

Mining segment. Production may see gradual improvement on the back of on-going efforts to explore new mining methodologies and additional processing plants at Sg. Lembing. Consequently, we expect MSC to deliver 11.0 tonnes/day of tin ore towards the end of 2023 (2022 production was at approximately 10.4 tonnes/day). Meanwhile, the Asas Baiduri land provides a mining pond and additional storage capacity will lift constraints on deepening of pit mine.

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