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Vanadium Resources Secures Binding 2-Year Offtake for 100KTPM Ore Supply
9:18am on Tuesday 22nd of July, 2025 AEST
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Mining
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Vanadium Resources Secures Binding 2-Year Offtake for 100KTPM Ore Supply
9:18am on Tuesday 22nd of July, 2025 AEST
Key Points
Binding two-year offtake agreement signed with China Precious Asia Limited
Supply of 100,000 metric tonnes per month of vanadium-rich magnetite Direct Shipping Ore
Agreement conditional on finalizing pricing and appointing mining contractor
Deal supports VR8’s transition from developer to producer
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