Troilus agrees copper-gold concentrate offtake terms with Boliden

This agreement marks the second offtake arrangement for Troilus, following the recently announced agreement with Aurubis AG. Together, these partnerships further validate the quality of Troilus’ anticipated concentrate and highlight the project’s strategic importance within the European critical minerals supply chain.

As outlined in the company’s May 2024 Feasibility Study, the Troilus Project is expected to produce an annual average of approximately 135.4 million lb of copper equivalent, or 75 000 wet metric tonnes (WMT) of concentrate containing payable copper, gold, and silver.

Justin Reid, CEO of Troilus Gold, comments:

“We are proud to welcome one of Europe’s most respected mining and smelting companies as an offtake partner, renewing a long-standing relationship that began during Troilus’ past-producing years, when Boliden processed some of the site’s original concentrate. We are pleased to align with key players in Europe’s critical minerals ecosystem and believe these recent offtake agreements reinforce our technical credibility and the high quality of the product we intend to deliver. With the recent filing of our Environmental and Social Impact Assessment and these offtake milestones, we are advancing across regulatory, technical, and commercial fronts toward a construction decision. We look forward to building a long-term partnership with Boliden and are proud to align with organisations that share our values around responsible sourcing and long-term collaboration.”

Read the article online at: https://www.globalminingreview.com/finance-business/11072025/troilus-agrees-copper-gold-concentrate-offtake-terms-with-boliden/