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New Century Resources Announces Successful Arrival and Unloading of First Zinc Concentrate Shipment In China

20 Nov 2018  |  09:43:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: SUCCESSFUL ARRIVAL AND UNLOADING OF FIRST ZINC SHIPMENT

New Century Resources announced the successful arrival and initiation of unloading of zinc concentrate from the Company's first shipment from the restarted Century operations. The activities represented a milestone for the Company 15 months after listing the Company on the ASX. The first shipment from represented 11,000t of the Company's commissioning grade concentrate, which is being delivered to smelting groups in China on attractive commercial terms, including no penalties for lead or carbon and only an immaterial penalty for silica. The Company is making preparations for delivery of its second shipment of zinc concentrate, with the Company procuring a bulk export vessel for arrival in Karumba in December 2018.

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