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Myanmar Metals revives zinc refinery relationship

Two months out from exercising its option over the Bawdwin polymetallic project in Myanmar, and Myanmar Metals (ASX: MYL) has substantially de-risked its project by bringing in local partner East Asia Power (Mining) Company.

Myanmar Metals revives zinc refinery relationship Myanmar Metals revives zinc refinery relationship Myanmar Metals revives zinc refinery relationship Myanmar Metals revives zinc refinery relationship Myanmar Metals revives zinc refinery relationship

The 100-year-old rail tunnel at Bawdwin, reportedly one of the richest mines in the British Empire in its day

It will join MYL's existing partner Win Myint Mo Industries, which is reducing from 100% in return for a free-carry, in each taking a 24.5% stake, leaving the Australian junior with a 51% interest.