After an extensive consultation process, LeadFX has received a seven-year extension for access to the Port of Fremantle to export lead concentrate using its best-practice concentrate transportation process. LeadFX exports its concentrate in sealed double-lined bags in locked shipping containers. Securing port access was a critical step in the preparations for a potential restart of the Paroo Station mine in Western Australia.

The company has also received a $1 million unsecured, interest-free loan from the Sentient Global Resource Fund IV, LP to help meet its working capital needs. The bond the company must place during transport operations was reduced from A$5 million to A$2 million, to be in line with the worst-case clean-up scenario developed by independent transportation experts. In 2014, its last full year of operations, the Paroo Station produced approximately 81,000 metric tons of lead in concentrate and employed more than 200 employees and contractors.