Queensland-based MGT Resources is due to make its first shipment of tin concentrate this week, having started trial production of stockpiled ore at the refurbished Mt Veteran mill. The company will ship 17 tonnes of 65% tin concentrate sold to off-take partner Taimetco International Trade Co. Limited to an un-named Asian smelter with an LME-registered brand.
The Mt Veteran plant is expected to start treating newly mined ore from one of several ore deposits controlled by MGT by the end of June. Initial production is likely to be at a rate of some 500 tpy of in-in-concentrate, but there is potential to expand production significantly if additional resources can be identified by the company’s exploration programme in the Mt Garnet area.
