Latest Offtake Agreements News

BCI Minerals edges closer to first salt shipment at its Mardie Project, with crystallisation underway and 85% construction complete. The company maintains full funding and advances its sulphate of potash opportunity alongside robust sustainability initiatives.

Victory Metals (ASX: VTM) has delivered a robust Pre-Feasibility Study for its North Stanmore rare earth project, confirming a 47 Mt Probable Ore Reserve and strong economics underpinned by low capital intensity and a high-grade mineral resource.

OD6 Metals consolidates progress across its rare earths, copper, and fluorspar assets with strong resource bases and ongoing development activities in Nevada, Western Australia, and New South Wales.

Deterra Royalties delivered a 5% increase in statutory net profit to $164.2 million for FY26, underpinned by record Mining Area C volumes and strategic asset sales. The company declared a fully franked final dividend of 10.8 cents, maintaining a 75% payout ratio, while advancing the Thacker Pass lithium project on schedule for late 2027 production.

Develop Global has locked in GR Engineering to build its Yitirrti processing plant in the Pilbara, advancing a project on track for mid-2028 production and backed by a US$400 million Trafigura financing deal.

Celsius Resources faces a lifted court protection on its 40% MMCI stake amid disputes over capital increases and a contested copper offtake deal with Kiri Industries, setting the stage for arbitration.

Euro Manganese has signed a non-binding term sheet with US battery materials producer 6K Energy, marking a critical step towards commercialising its Chvaletice manganese project with validated product quality and supportive financing terms.

Caravel Minerals has significantly advanced its Caravel Copper Project with a near-complete Definitive Feasibility Study, marked by a 48% increase in Proven Ore Reserves and strengthened funding arrangements.

Carnaby Resources has released final drill results from the Greater Duchess Project, confirming two key discoveries with significant copper-gold mineralisation. The company is advancing development plans ahead of a proposed Evolution Mining acquisition.

Brazilian Rare Earths (ASX: BRE) has delivered a striking scoping study for its Rocha da Rocha Rare Earths Province in Brazil, anchored by the Monte Alto deposit’s world-class 11.3% TREO grade, projecting robust economics and a low-cost production path.

EcoGraf has secured a binding term sheet with a major German graphite trader to double its Epanko graphite offtake to 40,000 tpa after five years, underpinning future expansions and project financing.

Almonty Industries posted a striking turnaround in Q2 2026, driven by soaring tungsten prices, ramping Sangdong Mine operations, and a major $800 million convertible notes raise.