ioneer Inks Offtake Agreement for Rhyolite Ridge’s Boric Acid Products

  • Dec 18, 2019 AEDT
  • Team Kalkine

ioneer Limited (ASX: INR) inks binding offtake agreement with Dalian Jinma Boron Technology- a China-based company.

  • The offtake agreement is a five-year supply contract for 105,000 tonnes of boric acid per annum, which would start in the first quarter of the year 2023.
  • The offtake secures over 50 per cent of Rhyolite Ridge’s expected annual production and further validates the quality of boric acid products of the prospect.

Dalian Jinma would also act as an exclusive distributor and representative of the company in China and Taiwan

 

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