Red River Secures Copper Off-take Agreement with Glencore

Base Metals Investing

Near-term zinc producer Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleased to announce it has executed an off-take agreement for copper concentrate production from its Thalanga Zinc Project with Glencore International A.G. (“Glencore”). As quoted in the press release: Red River’s Managing Director Mel Palancian commented: “We are extremely pleased …

Near-term zinc producer Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleased to announce it has executed an off-take agreement for copper concentrate production from its Thalanga Zinc Project with Glencore International A.G. (“Glencore”).
As quoted in the press release:

Red River’s Managing Director Mel Palancian commented: “We are extremely pleased to have entered into a copper concentrate off-take agreement with Glencore. This is a key milestone for Red River. Being able to deliver concentrate at the mine gate to Glencore is very advantageous to both companies. This represents the culmination of a highly competitive copper concentrate off-take process that commenced at the end of 2016. We look forward to finalising the zinc and lead concentrate off-take agreements.”

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