Australian base metal company, New Century Resources Limited, has announced the successful arrival of zinc concentrate from the company’s first shipment from the restarted Century operations.
New Century’s first concentrate shipment was fully loaded and sailed from Karumba, Queensland in early November 2018 and successfully arrived at Huangpu New Port, Guangdong Province, China earlier in the week.
The company delivered the maximum available shipping parcel of 11,000 tonnes (approximately 10 per cent above initial shipment size expectations).
New Century has refurbished and upgraded the Century Mine’s existing infrastructure including a large scale multi-train flotation plant, 700-person camp, private airport, grid power connection, 304-kilometre slurry pipeline, port facility and concentrate transhipment vessel.
The announcement represents a major milestone for New Century, just 15 months after being listed on the ASX.
In welcoming the news of the shipment’s arrival, the company further stated it is preparing for the delivery of the second shipment of zinc concentrate, with the company procuring a bulk export vessel for arrival in Karumba in December 2018.
More information on the Century Mine Project can be found here.