Trading houses Transamine and Mercuria have entered into long-term offtake agreements for zinc concentrates from the Century zinc mine, beating competition from nine other parties, operator New Century Resources said on Wednesday February 7.
The two traders will take an estimated total of 750,000 tonnes of 54% zinc concentrates from the project at floating spot market terms, half of the 1.5 million tonnes originally offered, New Century said in a regulatory filing on the Australian Securities Exchange. That tonnage represents total output from the first three and a half years of scheduled...