CZL SECURES 100% ZINC CONCENTRATE SALE FOR 2021

20200910-CZL-SECURES-100-ZINC-CONCENTRATE-SALE-FOR-2021

Highlights:

  • Zinc Concentrate Offtake Agreement with Penoles, a major Latin-American mining company and one of the world’s leading refiners of Zinc and the largest global refiner of silver, extended until the end of 2021
  • Plans to increase zinc concentrate output though process plant modifications, expected to further reduce costs.

Consolidated Zinc Limited (ASX: CZL; “Consolidated Zinc” or “the Company”) is pleased to announce its 100% owned subsidiary, Minera Latin American Zinc S.A.P.I. de C.V. (“MLAZ”) has executed an extension of the Zinc Concentrate Offtake Agreement with Industrias Penoles S.A. De C.V. (“Penoles”), a major Latin-American mining company, listed on the Mexican Stock Exchange, and one of the world’s leading refiners of Zinc and the largest global refiner of silver.

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