Eurasia Mining shipped fist batch of concentrate from West Kytlim
Eurasia Mining had previously agreed terms with EZOCM and has commenced shipment of raw platinum concentrate from its mine in the Ural Mountains. The concentrate was weighed on entry to the plant as 574.18 grams of raw platinum concentrate. Under the terms of Eurasia's agreement with EZOCM, the refinery will now separate pure platinum and gold from waste (mostly iron) in the concentrate. The refined metals are then sold to the refinery.
The exact quantity of pure platinum will vary with each batch but is expected to be in line with similar products from other Uralian Mines and range between 70 and 75% pure platinum. Platinum, gold, other platinum group metals and iron form nuggets which are separated from gravel to form the company's mined concentrate product.