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New Century signs more zinc offtake, final agreements now sought

NEW Century Zinc has signed another offtake agreement for zinc concentrate to be produced from the development of its tailings reprocessing venture at the Century operation, meaning 75% of its production in the first 3.5 years in now accounted for.

Michael Quinn
Tailings at the Century operation.

Tailings at the Century operation.

The deal with commodity trader MRI Trading also includes a US$15 million unsecured working capital debt facility, with drawdown conditional on commercial production. The reprocessing venture has a start-up...

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