Auxico Resources Canada Inc (CSE:AUAG, OTC:AUXIF) President Mark Billings takes Proactive's Stephen Gunnion through the critical metals and rare earth elements company's operations in Colombia, Brazil, and the Democratic Republic of Congo.
Billings noting that the company recently signed an offtake agreement with Cuex Metal AG, the Swiss subsidiary of the Chinese bulk commodity trading company Shangai Qunxian Industrial Company, for the purchase of commercial tin concentrates (cassiterite) from its Massangana Tin Tailings project in the state of Rondônia, in Brazil.
The agreement represents a purchase of 3,600 tonnes of tin concentrate per year, over a five-year period, for a total of 18,000 tonnes of commercial tin concentrates, Billings said.