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Carbine agrees offtake deal for Mt Morgan output

Metals developer Carbine Resources has secured an A$8-million a year copper sulphate offtake contract for its Mt Morgan copper and gold project, in Queensland.

The company announced on Tuesday that it had executed a binding principal offtake agreement with chemical and mineral distributor Swancorp, following an extensive due diligence, off site trial production, end-user testing and pricing negotiations.