Olympia sells zircon

OLYMPIA Resources has tied up a $A48 million sales contract for half of the zircon expected to be produced from its Keysbrook mineral sands project south of Perth in Western Australia, and the company says a deal for the remaining products is just around the corner.

Olympia has entered into a contract with an undisclosed European zircon miller for 6000 tonnes of zircon per annum, which at current prices equates revenue of $A48 million over the eight year life of