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Orvana ramps up Bolivian plant throughput, targets 1,400 tpd in November amid bond covenant challenges.

Market News
03 Nov 2026, 04:30 WIB
PRNewsWire
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Neutral
Orvana ramps up Bolivian plant throughput, targets 1,400 tpd in November amid bond covenant challenges.

Orvana Minerals reports progress in ramping up operations at its Bolivian subsidiary EMIPA's Don Mario plant, processing 17,500 tonnes in October with throughput exceeding 900 tonnes per day late in the month. The company aims to increase throughput to about 1,400 tonnes per day in November and possibly reach 1,700 tonnes per day by December, focusing on optimizing filtration and plant operations. EMIPA filed unaudited Q4 FY2026 financials showing bond covenant ratios outside required thresholds, entering a cure period to restore compliance. The company is working with bondholders on remedial measures while continuing operational improvements.

Orvana Minerals and its Bolivian subsidiary EMIPA are noted here with Pluang's Basic Materials sector context as of Nov 03, 2026 07:01 WIB: Among 83 priced US stocks in this sector, 55 advanced and 27 declined. Key movers include CRH at USD 97.56, up 7.39%, USA Rare Earth Inc. at USD 8.93, down 7.17% with 72% sell order activity, and Southern Copper Corp at USD 178.01, down 7.17% with 59% sell order activity. Typical hold times range from 7 to 63 days.

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