Brief: Vanadium Resources Signs US Vanadium Non Binding Offtake Term Sheet
28/04/2026 02:21
April 28 (Reuters) - Vanadium Resources Ltd VR8.AX: US VANADIUM NON BINDING OFFTAKE TERM SHEET EXECUTED NON-BINDING TERM SHEET FOR OFFTAKE OF 100% OF VANADIUM BEARING SLAG PRODUCED FROM PROPOSED V-IRON PLANT IN DISCUSSIONS TO ACQUIRE BROWNFIELD SITES THAT HOST, OR HAVE PREVIOUSLY HOSTED, LARGE-SCALE PYROMETALLURGICAL OPERATIONS, OTHERS OFFTAKE TERM SHEET TO SUPPORT DEVELOPMENT OF STEELPOORTDRIFT VANADIUM PROJECT WILL FOCUS ON SECURING OFFTAKE ARRANGEMENTS FOR PIG IRON WITH NEW SOUTH AFRICAN STEEL PRODUCERS OR INTERNATIONAL MARKETS DETERMINATION OF PRICE WILL BE REFERENCED FROM PERSPECTIVE OF USV AS PURCHASER OF VANADIUM-BEARING SLAG Further company coverage: VR8.AX ((Reuters.Briefs@thomsonreuters.com;))
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