Robust Resources has revised the Scoping Study for its Romang Island Manganese Project in Indonesia that low capital and operating costs.Based on Indicated Resources of 413,000 tonnes grading 41.6% manganese, the project will have capital costs of US$8-10 million and operating costs of between US$42-50 per tonne of manganese.Gross revenue is estimated at US$40-60 million on gross margins of US$100-US$140 per tonne of manganese.

Romang Island is expected to produce about 200,000 tonnes of manganese product per annum with payback within 6 months.While the current resource results in a short mine life of just 2 years, ongoing exploration and evaluation studies are expected to increase and convert the existing Inferred Resource.This may extend mine life by another 2 years or more, increasing commercial returns.Further, additional high-grade >40% manganese mineralisation is likely to be discovered by ongoing exploration, while the commercial potential for beneficiation of low-grade 10-30% manganese mineralisation warrants evaluation Robust is currently carrying out a Feasibility Study that is scheduled for completion by the end of 2014.

• [Editor:Sophie]