Australian-based King Island Scheelite has secured an offtake agreement with Traxys Group for tungsten concentrate from its redeveloped Dolphin project in Tasmania.

The agreement is for the supply of 90,000 metric tonne units of tungsten trioxide per annum (equating to 10 kilograms), averaging 7,500mtu per month.

It will commence once the Dolphin processing plant on King Island has been commissioned and will continue until 330,000mtu tungsten trioxide contained has been delivered to Traxys.