MMG Dugald River inks zinc concentrate sales agreement with Minmetals North-Europe

On July 8, MMG Dugald River Pty Ltd, affiliated with MMG Limited, reached a deal to sell about 10,000 dry tonnes (±10%) of zinc concentrate from Dugald River mine to Minmetals North-Europe, a wholly-owned indirect subsidiary of China Minmetals Corporation. The contract value is estimated at around USD12 million.

Dugald River mine produces around 360,000 dry tonnes of zinc concentrate annually. China Minmetals has invested in a number of major Chinese zinc smelters which are capable of processing zinc concentrate from Dugald River project.