Could anyone please explain the term or meaning of "Western country principal (OEM) refined products offtake". Taken from the below excerpt in the annual report.
Thanks.
"Strategically, the Company has decided to focus on Western country principal (OEM) refined products offtake, and has finalised a "target list" of strategic offtakers. Discussions regarding the long-term offtake of its main high-purity products (Niobium, Tantalum, and Zirconium) are progressing well."
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globe metals & mining limited
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