Perth -
MZI Resources Ltd. (ASX:MZI) refers to the ASX release made earlier today and is pleased to confirm that the Letter of Agreement in respect of the expanded L88 offtake agreement was executed with its major leucoxene customer The Chemours Company based in the United States of America.
To view the ASX release made earlier today, please visit:
http://www.abnnewswire.net/press/en/87918/MZI
About MZI Resources Ltd:
MZI Resources Ltd. (ASX:MZI) is a mineral sands producer focused on the high value minerals of zircon and leucoxene, and owns the newly commissioned Keysbrook Mineral Sands Mine, 70 km south of Perth in Western Australia.
Development of Keysbrook was completed ahead of schedule and within budget in October 2015, and completed its first shipment of zircon concentrate in December 2015. Keysbrook is designed to produce approximately 96,000 tonnes of zircon concentrate and leucoxene annually, with over 85% of all planned production committed under offtake contracts with blue chip international customers.
Contact:
Steve Ward Interim Managing Director
T: +61-8-9328-9800
E: admin@mzi.com.au
www.mzi.com.au
