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Papyrus Secures $4.2M Deal to Launch Biodegradable Mining Product

8:23pm on Friday 29th of August, 2025 AEST Mining
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Papyrus Secures $4.2M Deal to Launch Biodegradable Mining Product

8:23pm on Friday 29th of August, 2025 AEST
Key Points
  • Binding term sheet with TBS Mining Solutions for biodegradable Collar Keeper®
  • Contract valued at approximately $4.2 million over three years
  • Manufacturing to commence at new Adelaide facility expected in Q4 FY26
  • Option to extend contract for an additional three years
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