The continuous improvement programs over the prior financial year paid off with higher running times in the current financial year with an average 72% running time for the period achieved. Going forward, the Gravity Plant is continuing to build redundancy into the process flow which will allow the running times to continue increasing to a targeted +80% availability. From Top left to bottom right: Gravity Plant, XRT Sorter, Tungsten Concentrate and Crushing & Screening Plant. As with the previous financial year, operations continued during the COVID-19 pandemic which presented challenges over the period. The Company had to explore new ways of sourcing its equipment as logistics were disrupted, shipping costs increased more than anticipated and deliveries of equipment were considerably delayed. Whilst the operation was not directly affected by any enforced shutdowns, logistical constraints for the delivery Operating and Financial Review continued 18 EQ Resources Limited Annual Report 2022
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