Brief: BCI Minerals And Itochu Corp Execute Salt Offtake Term Sheet

BCI Minerals

27/06/2023 02:19

June 27 (Reuters) - BCI Minerals Ltd  BCI.AX :
    * BCI AND ITOCHU EXECUTE SALT OFFTAKE TERM SHEET
    * ITOCHU TO NEGOTIATE OFFTAKE AGREEMENT TO PURCHASE MINIMUM
OF
3,600 KILOTONNES OF MARDIE SALT IN AGGREGATE OVER 5 YEARS FROM
2026
    * PARTIES' OBLIGATIONS CONDITIONAL ON COMMISSIONING OF
MARDIE
PROJECT INFRASTRUCTURE BY Q1 CY 2027.
    * PARTIES SHALL NEGOTIATE A FORMAL BINDING SALT OFFTAKE
AGREEMENT
BY 31 DEC

Source text for Eikon:  ID:nASXrvmsh 
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