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Northern Minerals Offtake Agreement With thyssenkrupp

Metal News - Published on Wed, 14 Aug 2019

Image Source: ASX
Australian heavy rare earths producer, Northern Minerals Limited announced that it has entered into an offtake agreement with thyssenkrupp Materials Trading Gmbh (thyssenkrupp), one of the world's leading raw material distributors from the Materials Services business area, for 100% of offtake from the Browns Range Pilot Plant Project. The new offtake agreement replaces the offtake agreement with Lianyugang Zeyu New Materials Sales Co Ltd, which has been terminated.

The agreement with thyssenkrupp is for the purchase of all heavy rare earth carbonate from the pilot plant project, with the flexibility for the Company to supply heavy rare earths as separated products in the future. The agreement with thyssenkrupp includes an intention for the parties to work together on implementing separating technologies at Browns Range and to work together in potential future expansions of the project.

The offtake agreement will commence immediately, with all current stockpiled product and future production included in the agreement.

Source :

Posted By : Ratan Singh on Wed, 14 Aug 2019
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