I think he thinks this means only 75,000 tons a year are sold to them which I don't think its correct I think this means
the first 75,000 tons they produced this year have been shipped
and now at full production they should be able to produce my guess another 150,000 tons this year if not more if thats what it means
In addition to the copper concentrate start-up operations, the magnetite circuit at the mill has reached full operational stage, with high-grade magnetite being produced for sale in the coal industry. At present, the first 75,000 tons per year of magnetite produced by the Company are being sold under a Magnetite Purchase Agreement to Massey Energy Company. To date, Copper King has shipped magnetite to Massey via loading the material into rail cars at the nearby railhead in Milford.
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