Adriatic Metals (ASX:ADT) executed and closed the agreement for a $25 million concentrate prepayment arrangement with existing offtaker Trafigura, with funds drawn down, according to a Friday filing with the Australian bourse.
The prepayment arrangement with Trafigura includes the delivery of zinc and lead-silver concentrates at market prices over a 12-month period, according to a separate filing in December 2024.
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