I like the facts that are behind this agreement. It means if REEtec wants to increase the volume of VML's product also the other partners (Less Common Metals (LCM) and Vacuumschmelze (VAC)) in the RE European supply chain had to agree with this action. It also means VML's product is getting market share in Europe and European guys are happy with the price.I assume the price is a bit higher than what they can get from China. In addition, it also means VML is on the EU market much early than our fellow mining companies.
Well done management, thank you for this news.
Ann: REEtec Increases Offtake of Vital's REO by 50%, page-44
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