About SRA
SRA’s Mid-Tennessee Zinc Mine and Mill Complex at Gordonsville, Tennessee was placed on a temporary care and maintenance program on October 9th, 2008 in response to the precipitous deterioration of commodity and capital market conditions. The Gordonsville mine was the first of three major zinc mines that SRA successfully brought into production. 
SRA commenced mining at Gordonsville in April 2008 producing 15 million pounds of zinc and reaching a rate of over 3,000 tons per day. Over the past eighteen months, the Company has invested approximately $150 million in the completion of a major capital investment program that revived the former twenty-nine year producer of zinc and germanium.
The mining complex has a 28 year history of continuous operations from 1975 to 2003 producing one of the highest quality zinc concentrates in the world. At a mill recovery rate of about 95%, a very clean concentrate was produced grading 64.5% zinc (near the theoretical maximum of zinc in concentrate), 0.05% gallium and 0.04% germanium, with by-product limestone aggregate and agricultural lime.
Read More
| 2007 ANNUAL REPORT |
REQUEST MORE INFORMATION
Click Here
Latest News
| January 15, 2009 - SRA to evaluate strategic alternatives under court protection January 7, 2009 - SRA interest and sinking fund payments January 2, 2009 - SRA management change December 31, 2008 - SRA unable to file annual financial statements October 9, 2008 - SRA to Place MTZ Mining Complex on Care and Maintenance |
The Mid Tennessee Zinc Mines
The Strategic Advantage
• World’s highest quality zinc in concentrate– 64.5% zinc
• Germanium and Gallium value-added byproducts
• Every product saleable– agricultural limestone, aggregate
• Long life resource – good historic reserve replacement
• Environmental excellence—all permits in place
| Power Breakfast Thursday March 13, 2008 |
BNN |
Victor Wyprysky |
 |
ZINC MARKETS
The International Lead And Zinc Study Group released preliminary data for global zinc supply and demand during the first half of 2008.
• China was a net importer of refined zinc metal in the first half of 2008 importing 28,000 tonnes vs exporting 121,000 tonnes for the same period in 2007. World production of refined zinc metal rose by 3.2%, while global refined zinc metal demand increased by 2.1% due mainly to Chinese strength.
• However higher global zinc mine production resulted in a reported increase of 10.1% compared to the same 1H period last year.
Zinc inventories since the start of the year have increased from 88,250 tonnes to 163,825 tonnes, but still represent one week of world consumption.
Key factors that will determine the outlook for zinc prices in the months ahead include:
a. Demand particularly from China
b. Broader commodity demand from investor community
c. Value of the US$
d. By-product credits
SRAC 2007 All Rights Reserved | Website Designed & Maintained by www.RMC.mobi