Brief: Highfield Resources Says Salt Offtake Agreement Signed With Maxisalt

Highfield Resources

01/11/2023 01:14

Nov 1 (Reuters) - Highfield Resources  HFR.AX :
    * SALT OFFTAKE AGREEMENT SIGNED WITH MAXISALT
    * BINDING TAKE-OR-PAY OFFTAKE WITH PADIRA PREMIUM
S.L.U./MAXISALT
FOR UP TO 75KT PER ANNUM, OF HIGH- GRADE VACUUM SALT PER ANNUM
    * CONTRACT IS FOR FIRST 5 YEARS OF PRODUCTION OF HIGH-GRADE
SALT
AT MUGA MINE
    * AGREEMENT REPRESENTING 20-30% OF EXPECTED ANNUAL VACUUM
SALT
PRODUCTION IN PHASE 1 OF PROJECT

Source text for Eikon:  ID:nASX35pbn 
Further company coverage:  HFR.AX 

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