Westwin Elements Entered Into Two Seven-Year Sales & Purchase Agreements With Traxys
ReutersJul 31, 2025 4:58 PM
July 31 (Reuters) - Westwin Elements:
WESTWIN ELEMENTS: ENTERED INTO TWO LANDMARK SEVEN-YEAR SALES & PURCHASE AGREEMENTS (SPAS) WITH TRAXYS
WESTWIN ELEMENTS: FIRST AGREEMENT VALUED AT APPROXIMATELY $1.4 BILLION USD DEPENDING ON MARKET PRICING
WESTWIN ELEMENTS: TRAXYS AGREED TO USE BEST EFFORTS TO ARRANGE $35 MILLION CREDIT FACILITY TO SUPPORT CONSTRUCTION OF CO'S COMMERCIAL PRODUCTION FACILITY
WESTWIN ELEMENTS: SECOND AGREEMENT PROVIDES FOR PURCHASE OF UP TO 17,000 TPA OF CONTAINED NICKEL IN FORM OF MIXED HYDROXIDE PRECIPITATE
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