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VHM finds a potential Mitsui cornerstone buyer for Goschen mineral sands

8:25am on Monday 12th of October, 2026 AEDT • Mining
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VHM finds a potential Mitsui cornerstone buyer for Goschen mineral sands

8:25am on Monday 12th of October, 2026 AEDT
Key Points
  • Non-binding term sheet covers 50% of Goschen HMC production, capped at 65,000 tonnes per annum
  • Proposed three-year offtake with a possible three-year extension
  • Pricing linked to zircon and titanium dioxide markets on an FOB Australian port basis
  • Mitsui may consider trade finance, subject to due diligence
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