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BRIEF-Alara Resources updates on off-take agreement for supply of copper concentrate

Published 23/03/2017, 11:32 am
© Reuters.  BRIEF-Alara Resources updates on off-take agreement for supply of copper concentrate
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March 23 (Reuters) - Alara Resources Ltd AUQ.AX

* Announce Alara Oman Operations has signed an off-take agreement for supply of copper concentrate from Al Hadeetha project

* Under agreement, annual concentrate production of approximately 35,000 wmt will be shipped at regular intervals from sohar port

* Agreement also includes a pre-payment of US$6M to assist in funding project construction costs and mine start up Source text for Eikon: Further company coverage: AUQ.AX

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