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Group 6 Metals Locks in US$1.75 Billion Tungsten Supply Deal with Traxys
9:02am on Tuesday 24th of March, 2026 AEDT
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Mining
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Group 6 Metals Locks in US$1.75 Billion Tungsten Supply Deal with Traxys
9:02am on Tuesday 24th of March, 2026 AEDT
Key Points
Multi-year offtake agreement extension with Traxys Europe S.A.
Minimum supply of 10,000 MT of WO3 in scheelite concentrates over 6-8 years
Contract value estimated at US$1.75 billion based on current prices
Agreement links prices to spot Ammonium Paratungstate (APT) market rates
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Group 6 Metals (ASX:G6M)
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