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clock Created with Sketch. 24/02/21
21:21
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Originally posted by pustayo:
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Should be relatively low CAPEX on the potential near term production from Sandy Flat as the NT government have signed an agreement that they will pay for the clean up and rehabilitation. I believe that RCP get the benefit of the copper sulphate to which is super exciting given its use in Zinc flotation circuits and the premium it demands. MacArthur river zinc mine buy a lot of it from the Chinese, so if they could get it enough supply from 50kms away why wouldn't they? My Suggestion is given Glencore own both the McArthur River Zinc mine and Mount Isa mines, we may see a deal with them.
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potentially current chemical supplier to MIM would JV in cover expenses control supply and market pricing. Not many in the Cu sulphate game, an Aussie source will be a target in this location.
(20min delay)