An offtake of what percentage of 25 tonnes?
That wouldn't be huge income after costs so expect it is something else in the announcement.
Fairmont estimates the demand for C103 PBF powder in FY2025 at25 tonnes with estimated demand
growing to 105 tonnes in FY2028 for a 62% CAGR over the 5-year period ending FY2028. Fairmont’s
survey of current C103 powder price reflects a range of $4,150 / kg to
$5,385 / kg (US$2,700 / kg to US$3,500 / kg) with order lead times estimated at 12–24 months.
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