Aug 9 (Reuters) - Australia's Peak Rare Earths (PEK) said on Wednesday it had signed an offtake agreement with the Singapore-based unit of Chinese rare earths company Shenghe Resources 600392.SS .
Peak will supply 100% of rare earths concentrate to Shenghe for an initial term of seven years from its Ngualla project in Tanzania, which is expected to complete construction and development by early 2026.
News: PEK Australia's Peak Rare Earth signs offtake deal with China's Shenghe Resources
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