The positive knock on effects to ASM ( going forward ) , as regards their recent Framework Binding Agreement to US Rare Earths LLC to supply to supply Nd FeB alloy , is certainly enhanced by this VTRE/Blackstone / ASM .
Remembering the "status "of the Framework , allows for the review ( increase) of supply , periodly --and at reviewed pricing structure ;
See below :And of course --it doesn't and won't prevent ASM , from signing similar offtakes with other US companies , and/or other companies in Europe , Japan and South Korea .
Early days ---but the potential for VTRE to get access to more raw Rare Earth Materials --is very encouraging .
Edit
The material terms of the Framework Agreement with USA Rare Earth are as follows:
Clause Term
Supply The Framework Agreement provides for the supply of 60% of USA Rare
Earth’s NdFeB alloy demand for its Stillwater, OK facility. The supply will be
for product at agreed specifications with the periodic quantities to be agreed
on a rolling periodic basis
(20min delay)