Critical Metals

Ormonde Reports on Tungsten Concentrate Sales

Critical Metals

Ormonde provided an update on tungsten concentrate sales by Saloro, the operator of the Barruecopardo tungsten mine in Salamanca, Spain.

Ormonde (LSE:ORM) provided an update on tungsten concentrate sales by Saloro, the operator of the Barruecopardo tungsten mine in Salamanca, Spain, in which Ormonde holds a 30 percent joint venture interest.

As quoted in the press release:

Michael Donoghue, Ormonde’s chairman and interim managing director, commented: “The completion of initial tungsten concentrate sales from the Barruecopardo Tungsten Mine to international buyers represents an important milestone for both Saloro and Ormonde. The commencement of related revenues is a positive for Saloro and the mine and these are expected to ramp-up as the transition into the main orebody continues over the coming period. “

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