Develop Global ships first copper and zinc concentrates to Trafigura

Develop Global

Develop Global ships first copper and zinc concentrates to Trafigura from Australia. The milestone shipment includes lead concentrate as well. As a result, Woodlawn mine restarts commercial flows under a five-year offtake.

Develop Global ships first copper and zinc concentrates to Trafigura: output snapshot

Develop Global ships first copper and zinc concentrates to Trafigura after Q2 processing. The plant treated 163,583t of ore in April–June. It produced 12,689t of concentrate during the period. The concentrates contained 969t copper, 2,340t zinc, and 545t lead. Therefore, Woodlawn re-enters supply chains with multi-metal output.

Ramp-up plan, Woodlawn strategy, and offtake terms

Develop Global ships first copper and zinc concentrates to Trafigura under a binding deal. The December agreement covers all minerals for five years. Production officially restarted in June. Meanwhile, the company targets a throughput ramp to 850,000 t/yr. This plan should lift copper and zinc concentrate availability. It also strengthens cash flow visibility with Trafigura’s logistics and trading reach.

Market implications remain significant for base-metal buyers. Australian concentrate flows diversify smelter feed beyond traditional sources. However, execution on the ramp will determine realized volumes. Stakeholders will watch recoveries, unit costs, and shipping cadence. Woodlawn’s multi-metal slate could hedge price swings across copper, zinc, and lead.

The Metalnomist Commentary

This offtake anchors Woodlawn’s restart while tightening merchant concentrate supply. If the ramp holds, smelters gain reliable tonnage amid project delays elsewhere. Watch for guidance updates on recoveries and any debottlenecking that boosts payable metals.