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News: MRL Mayur Resources Says Binding Offtake Agreement Executed

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    06/07/22
    18:50
    Post #: 62407267

    July 6 (Reuters) - Mayur Resources Ltd (MRL) :

    • BINDING OFFTAKE AGREEMENT EXECUTED FOR SALE OF MAGNETITE PRODUCT FROM OROKOLO BAY IRON AND INDUSTRIAL SANDS PROJECT
    • OFFTAKE COVERS 300,000 TONNES/ANNUM FOR 3 YRS WITH OPTION TO EXTEND FOR FURTHER YEAR AT MARKET LINKED PRICING
    • EXECUTED A BINDING OFFTAKE AGREEMENT WITH TITANIUM PELLET PRODUCER QINGDAO SHINEBEST
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