Concentrate Sales Agreement Signed with Baiyin
Intec Ltd (ASX code: INL) is pleased to announce the formal signing of a 20,000 tonnes per annum sales
contract with Baiyin Nonferrous Group Co. Ltd for the export of high-lead bulk concentrate from the Hellyer
Zinc Concentrate Project Joint Venture. The signing ceremony took place on Wednesday, 31 October 2007
in the town of Tullah, nearby to Hellyer in northwestern Tasmania.
The contracted concentrate represents a second specification of bulk zinc-and-lead concentrate to be
produced from the Intec Hellyer Mill, with approximately 2:1 zinc:lead ratio, and a total combined Zn+Pb
grade of approximately 48%.
The production of the higher-lead product will enable the Intec Hellyer Mill to achieve higher zinc and lead
recoveries from the same throughput of tailings feedstock, while generating higher returns for the 50/50 joint venture partners based on the current high prices in the global lead market. Overall, the increased extraction efficiencies will enable the life of the Hellyer resource to be extended by more fully utilising it over a longer period.
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