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Trafigura buying copper from modest Oman development

LOWLY capitalised Alara Resources has signed a copper concentrate offtake agreement with Trafigura for production from the modest Oman copper-gold project in Oman.

 The Oman project has been a long time coming

The Oman project has been a long time coming

Trafigura will purchase all the offtake for the first eight years on unspecified terms, and is set to provide Alara with a US$3.45 million finance facility to complete project infrastructure construction....

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