MMG Ltd (FRA:OMS1)

€ 0.322 -0.002 (-0.62%) Market Cap: 4.10 Bil Enterprise Value: 9.77 Bil PE Ratio: 38.27 PB Ratio: 1.58 GF Score: 59/100

Q1 2022 MMG Ltd Production Report Call Transcript

Apr 21, 2022 / NTS GMT

Release Date Price: €0.349375 (-9.36%)

Transcript

Brent Walsh

MMG Limited - Group Manager of Strategy & IR

Hello, and welcome to MMG's 2022 First Quarter Production Report Teleconference. This report and today's discussion cover the operational performance of MMG's assets for the March quarter of 2022. Joining us today is MMG Interim CEO, Mr. Li Liangang; CFO, Mr. Ross Carroll; EGM, Corporate Relations, Mr. Troy Hey; and EGM Americas, Jianxian Wei. I will now hand over to Liangang who will discuss the highlights of the report, after which there will be an opportunity to ask questions.

Liangang Li

MMG Limited - Interim CEO & Executive Director

Thank you, Brent, and hello to everyone who is joining us today. As always, our first value at MMG is safety. Our total recordable injury frequency rate for the first quarter of 2022 is 1.68 per million hours worked. This is a slight increase in the TRIF of 1.09 for the full year of 2021 and is a timely reminder that we can never stop our efforts to eliminate all injuries from our workplaces.

Following the success of 2021, we produced around 79,000 tonnes

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