https://www.miningweekly.com
Copper|PROJECT
Copper|PROJECT
copper|project

TNC to send Cloncurry copper to Glencore

23rd January 2024

By: Creamer Media Reporter

     

Font size: - +

ASX-listed True North Copper (TNC) on Tuesday announced a partnership with commodities major Glencore, which will process concentrate from the Cloncurry copper project, in Queensland, at its nearby Mt Isa smelter.

The binding offtake and toll-milling agreements with the industry major are significant milestones for the company and the project, says TNC MD Marty Costello.

“Glencore has agreed to purchase 100% of the copper metal produced at CCP and we can process up to one-million tonnes of ore, each year, through the nearby processing plant near Cloncurry.

TNC will be entitled to claim a 20% Queensland state royalty discount for all material processed through the Mt Isa smelter.

Costello notes that Cloncurry is fully permitted and “on track to soon be in production”.

Edited by Creamer Media Reporter

Comments

Showroom

ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 
Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024
Resources Watch
Resources Watch
2nd May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.122 0.159s - 113pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: