- Write by:
-
Monday, September 13, 2021 - 12:36:34
-
537 Visit
-
Print
Mining News Pro - Tungsten developer King Island Scheelite has entered into a new tungsten concentrate offtake agreement with physical commodity trader Traxys Group, for 90 000 t/y of tungsten from its planned Dolphin project, in Tasmania.
King Island Scheelite on Monday told shareholders that the offtake agreement would see the company provide Traxys with some 7 500 t/m of tungsten trioxide in concentrate.
The agreement will start once the processing plant has been commissioned.
The new offtake agreement with Traxys means that some 70% of the expected production from the Dolphin project is now covered under offtake agreements.
An updated feasiblity study estimated that the project would require start-up capital of A$72.1-million to bring the opencut operation into production to produce 20 t/y of tungsten over an eight-year mine life.
Short Link:
https://www.miningnews.ir/En/News/616551
Mining News Pro - Tungsten cubes may have reached meme status as sales soar, yet that isn’t helping suppliers of the ...
Mining News Pro - The Northern Territory Government is expanding new exploration opportunities with 18 projects from 15 ...
Mining News Pro - A new report by Roskill states that the possible uptake of electric vehicles over internal combustion ...
Mining News Pro - The Australian Trade and Investment Commission (Austrade) has flagged strong demand for critical ...
Mining News Pro - A revised feasibility study into the Dolphin tungsten project, in Tasmania, has increased the ...
Mining News Pro - King Island Scheelite has inked an offtake agreement with Kalon Resources to supply 1 500 t/y of ...
Mining News Pro - Premier African Minerals` RHA Tungsten project, in Zimbabwe, has received the go-ahead from the ...
Mining News Pro - The Northern Territory Government has awarded Thor Mining’s Molyhil tungsten and molybdenum project ...
Mining News Pro - Thor Mining made public an updated mineral resource estimate for its flagship Molyhil project in ...
No comments have been posted yet ...