Larvotto Resources (ASX:LRV) has achieved first production of gold and antimony concentrate from the processing plant at its Hillgrove mine in New South Wales.
Managing Director Ron Heeks says the milestone means the company is now moving into the delivery phase of its secured offtake agreements.
“These partnerships are significantly important, providing Larvotto with established access to global commodity markets and supply chains,” Heeks says.
“It was excellent to have the Wogen Resources team, who have assisted with bringing Hillgrove into production from the near beginning, out from the UK to witness the first concentrate at the plant, in addition to the Glencore (LSE:GLEN) team, who we hosted at site for the official opening on 10 September.”
Commissioning of the processing plant has continued with the production of the first flotation concentrate. Once coarse floated in the rougher cells, the concentrate is further cleaned in Jameson cells and cleaner flotation cells to produce a 60% antimony product.
Antimony concentrate is covered by a binding offtake agreement with Wogen Resources, under which Wogen will provide exclusive global offtake sales for antimony concentrate during the first seven years of mining.
Gold concentrate produced during the first seven years of mining will be sold to Glencore under a separate binding agreement. The agreement covers an annual offtake of approximately 15,000 dry metric tonnes of gold concentrate.
Hillgrove is forecast to produce 4,900 tonnes of antimony and 40,500 ounces of gold per year over the initial eight years. The project is anticipated to become Australia’s largest producer of antimony and is expected to produce 7% of global antimony requirements when global supply is tightening.
Larvotto Resources is an Australian resources company focused on the Hillgrove Project in New South Wales, which began production in August 2025.
Write to Aaliyah Rogan at Mining.com.au
Main image: Larvotto Resources
