Also, as mentioned before, this is a very important message and pretty self-explanatory...
Offtake
In 2017 the Consolidated Entity entered into a binding offtake contract with Beijing Easpring Material Technology Co Ltd(‘Easpring’) under which the Consolidated Entity committed to sell tonnages representing approximately 20% of the nickeland cobalt sulphate production for the first five years of operation of the Sunrise Project. During the financial half‑year theConsolidated Entity (with the mutual agreement of Easpring) terminated the offtake contract.Sunrise Energy Metals now has all the production of battery materials from the Sunrise Project available for sale to strategicpartners who may want product offtake as a condition of a direct investment in the Project
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- Ann: Half Year Accounts - December 2021
Ann: Half Year Accounts - December 2021, page-3
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