VRX 0.00% 3.1¢ vrx silica limited

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    Two years old article


    To China with silica sand

    CSG is the largest architectural glass manufacturer in China and is currently involved in the manufacture and sale of glass products including float, display, automotive, coated, colour filter, solar and conservation glass.

    Under the terms of the MoU, CSG has agreed to assist VRX in determining demand and logistics requirements for silica sand supply in China, including specification for silica sand products and tonnages, pricing across a range of specifications, contract supply length and transport alternatives.

    The MoU also states that the parties are to “act in good faith and fair dealing” with one another in a “co-operative working relationship”, although the alliance remains non-exclusive which means VRX can continue to seek out other offtake partners.

    In addition, the parties will consider the potential for developing a high-quality glass manufacturing facility in Western Australia for silica sand products generated from Muchea.


    https://*********.com.au/vrx-silica-deal-largest-architectural-glass-manufacturer-china/

 
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