PRESS RELEASE: These activities come just 15 months after listing New Century Resources on the ASX. The company stated that it has now demonstrated the viability of the operation's entire logistics chain from hydraulic mining to tailings reprocessing, slurry pipeline operations, port operations and concentrate transhipment.
Patrick Walta, managing director at New Century Resources, commented: "This milestone represents an incredible achievement by the entire New Century team. To start shipping concentrate just 15 months after listing is a testament to the strong dedication and culture within the company. The entire team should be proud of their role in the achievements of the business to date, which is creating a strong platform for continued growth at Century and beyond.
The first shipment from Century represents 10,000t of the company's commissioning grade concentrate. The first parcel under shipment is being delivered to one of the largest smelting groups in China.
