5E Advanced Materials Signs Third Offtake Heads of Agreement for Fort Cady
5E Advanced Materials signed a third offtake heads of agreement with a domestic cellulose insulation company for the supply of boric acid and calcium sulphate from its Fort Cady facility. The agreement covers a 10-year term with an annual volume of 5,000 to 8,000 short tons at a fixed price subject to escalation, including a take-or-pay obligation on the minimum volume.
Key figures
- Offtake term hoa july 7
- 5-year + 5-year renewal
- Offtake volume hoa july 7
- 5,000 - 8,000 short tons
- Offtake volume hoa may 13
- 7,500 - 10,000 short tons
- Offtake volume ioi july 1
- 3,750 - 4,500 short tons
AI analysis
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