New Century’s first zinc shipment to China successful

Company News

by Anna Napoli

New Century Resources (ASX:NCZ) has today announced the successful unloading of its first zinc concentrate shipment in China.

The company's first shipment was fully loaded and sailed from Karumba in early November with its shipment size 10 per cent above initial size expectations.

The activities represent a major milestone for the company just 15 moinths after listing on the ASX.

The first shipment is being delivered to one of the largest smelting groups in China on attractive commercial terms.

The company is now making preparations for its second shipment of zinc concentrate due for arrival in Karumba next month.

Shares in New Century Resources (ASX:NCZ) are trading flat at $0.97




 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.