Strategic Minerals ups quarterly sales, arbitrator to handle customer dispute

Aim-listed battery materials developer Strategic Minerals says underlying sales volumes continued to improve during the December quarter, despite litigation against a major customer.

The company on Tuesday reported that sales revenue during the last quarter of 2019 was 12.5% higher compared with the last quarter of 2018, however, sales revenue for the whole year was weaker than comparative years, owing to the adverse impact of Cobre’s major customer’s diminished purchases.