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How Estrella’s New Deal Could Transform Limestone Sales in Southeast Asia
2:00am on Monday 2nd of June, 2025 AEST
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Mining
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How Estrella’s New Deal Could Transform Limestone Sales in Southeast Asia
2:00am on Monday 2nd of June, 2025 AEST
Key Points
Master Agreement grants PT Raka Energi Mandiri exclusive limestone marketing and offtake rights
Sales target of up to 500 million dry metric tonnes over five years
REM to receive up to 500 million unlisted share options exercisable at A$0.05 each upon hitting sales targets
Key milestones include JORC-compliant resource certification and scoping study by Q4 2025
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Estrella Resources (ASX:ESR)
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