MHMADDITIONAL US PROCESSING CONTRACT ASX Release – 10 November...

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    MHM

    ADDITIONAL US PROCESSING CONTRACT
    ASX Release – 10 November 2011

    MHM Metals Limited (ASX:MHM) has secured an additional processing contract for the supply of feedstock to
    the planned US salt slag and black dross processing facility. The twelve month contract has been structured as
    a ‘tipping’ arrangement, where MHM assumes ownership of recovered aluminium, salt flux and aluminium
    oxide. The contract provides a mechanism for the parties to explore a tolling arrangement where the customer
    retains ownership of recovered aluminium and salt flux, on the basis of demonstrated recoveries.
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