NQ Minerals ships first lead concentrates from Hellyer to Traxys Europe

November 13, 2018 / www.metalbulletin.com / Article Link

London-listed NQ Minerals has shipped its first lead, gold and silver concentrates from its Hellyer operation to Traxys Europe under an offtake agreement signed in August.

The company said that the shipment from its polymetallic operation in Tasmania, Australia, is also its first ever from the site.Traxys' payment has been received, inaugurating the first operational cash flow generated by the Hellyer operation since it started production in September, the company added.Brian Stockbridge, non-executive chairman of NQ, said the payment by Traxys represents the...

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