NQ Minerals Plc announced the commissioning of the Hellyer Processing Plant has now been completed, and that during the fourth quarter of 2018, the company produced 3,991 dry metric tons (dmt) of lead, 1,537 dmt of zinc, and 4,291 dmt of pyrite realizing approximately AUD$5.7 million in sales. The company is now consistently producing all three concentrates with sales occurring on a weekly basis.
“With commissioning substantially complete, NQ is now a producer,” Brian Stockbridge, chairman of NQ Minerals PLC, said. “Having completed the acquisition and refurbishment of Hellyer over the prior two years, the culmination of management’s efforts will make 2019 a transformational year for the company. With the change in status to a producer, we believe there is substantial potential to unlock shareholder value.”