Raptor Ventures sells first antimony ore to China
Dec 03, 2010 | 02:39 PM
| Anne Riley
Antimony miner Raptor Ventures LLC Inc. sold its first 300 tonnes of raw ore output to an undisclosed Chinese company, the first in what could be a series of transactions with the Asian buyer.
Once its Sorpresa mine in Bolivia reaches full capacity levels of 300 tonnes of raw ore a month, Raptor expects that "this kind of contract will become a monthly sales event," its Houston-based parent company, Planet Resource Recovery Inc., said in a statement.
The mine, today averaging an output rate of about 100 tonnes a month, was commissioned on Sept. 15 and has been ramping up slowly over the last several months (AMM, Sept. 30).....
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