Ann: Executed Offtake Agreement and Strategic MOU with Shenghe, page-116

Thanks for the heads up, will be one on my radar, Just looked into those , Please correct me if i am wrong but seems their not dominant in Ndpr so offtake agreement still wont fill the gap of supply to shenghe that MP are going to have?

spitballing -

if supply of offtake agreements are taken up by shenghe that reduces the supply on the Singapore market...

it all rather complex because there needs to be sellers and buyers as well to formulate a price value.. so shenghe wont be a buyer unless they fall short of supply...

. so if shenghe isn't purchasing because they have enough supply by offtakes... what price pressure are their?

but if peak can't provide enough ore, or its at a price is too low to be sustainable, then shenghe goes to market and buys - the price increases and peak can provide the ore..