As we continue to navigate the uncertainties created by the COVID-19 pandemic, our focus remains on keeping our people safe and well, maintaining safe and reliable operations and supporting our communities. During this period of volatility, we have focused on what we can control, delivering a strong operating result, including record production at Worsley Alumina, Brazil Alumina and Australia Manganese, supporting lower Operating unit costs at the majority of our operations during the half. Looking ahead, we have increased production guidance at Cannington, Illawarra Metallurgical Coal and Cerro Matoso. Additional volumes and other cost efficiencies across our operations will help offset weaker US dollar headwinds.
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Berkeley Energia Limited s ( Berkeley or the Company ) focus continues to be on progressing the approvals required to commence construction of the Salamanca mine and bring it into production. During the quarter, the Company received formal notification from the Ministry for Ecological Transition and the Demographic Challenge ( MITECO ) that it had been granted the renewal of the Initial Authorisation for the uranium concentrate plant as a radioactive facility at the Salamanca project ( NSC I ) until there is a resolution on the Authorisation for Construction for the uranium concentrate plant as a radioactive facility ( NSC II ). This renewal follows the Nuclear Safety Council ( NSC ) issuing a favourable report for the extension of the validity of NSC I in July 2020.
December 2020 Quarterly Report Salt Lake Potash Limited (SO4 or the Company) is pleased to present its Quarterly Report for the period ending 31 December 2020. The Company is focussed on transitioning from developer to producer at the Lake Way SOP Project in Wiluna, Western Australia, as it looks to complete construction and commence commissioning the Process Plant in the current quarter. Quarterly Report Highlights Project Financial Close delivered · Financial Close for the Lake Way Project was achieved in December with an equity financing including a A$52m share placement and A$5m Share Purchase Plan (subsequently upsized to A$8m on strong demand), priced at A$0.40 per new share. Following completion of the placement the Company drew the first US$105m tranche of the US$138m Taurus/CEFC debt facility with US$45m used to repay the Taurus Bridge Facility.