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Trafigura to buy zinc and lead from Red River’s Thalanga

ASX-listed Red River Resources has inked a zinc and lead offtake agreement over its Thalanga zinc project, in Northern Queensland.

The offtake agreement with Trafigura accounted for 122 000 t of zinc concentrate and 27 400 t of lead concentrate, with pricing to be determined by metal prices on the London Metal Exchange at the time of shipment.