Brief: Mayur Resources Says Binding Offtake Agreement Executed

Pacific Lime and Cement

06/07/2022 09:49

July 6 (Reuters) - Mayur Resources Ltd  MRL.AX :
    * BINDING OFFTAKE AGREEMENT EXECUTED FOR SALE OF MAGNETITE
PRODUCT
FROM OROKOLO BAY IRON AND INDUSTRIAL SANDS PROJECT
    * OFFTAKE COVERS 300,000 TONNES/ANNUM FOR 3 YRS WITH OPTION
TO
EXTEND FOR FURTHER YEAR AT MARKET LINKED PRICING
    * EXECUTED A BINDING OFFTAKE AGREEMENT WITH TITANIUM PELLET
PRODUCER QINGDAO SHINEBEST

Source text for Eikon:  ID:nASXbz2QF2 
Further company coverage:  MRL.AX 

 ((Reuters.Briefs@thomsonreuters.com;))