CAPITAL MARKETS

Legal action averted as New Century agrees Nyrstar offtake

ANY danger of potentially damaging legal action looks to have been averted by boom zinc stock New Century Resources following its agreement to sell concentrate to Nyrstar for 5.5 years.

Michael Quinn
Legal action averted as New Century agrees Nyrstar offtake

New Century will sell Nyrstar 250,000 dry metric tonnes of zinc concentrate for the first 3.5 years, rising to 350,000dmt for the final two years of the offtake agreement – representing about 15% and 35%...

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