Tertiary Minerals signs fluorspar offtake with Possehl

By IM Staff
Published: Thursday, 14 December 2017

Possehl will provide pre-financing to help develop Tertiary’s fluorspar projects in a deal that will see the trading company purchase the majority of Tertiary’s acidspar.

Global commodities trading group Possehl Erzkontor GmbH & Co KG has signed a memorandum of understanding (MoU) with Tertiary Minerals plc under which it will purchase acidspar from Tertiary’s three fluorspar projects once production starts.
Possehl will commit to buying a minimum of 70% of commercial-grade acidspar under the agreement,...

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