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Boron One Signs Binding Offtake Agreement for Boron Products

Boron One Signs Binding Offtake Agreement for Boron Products

MT newswireMT newswire2026/11/04 15:41
11:41 AM EST, 11/04/2026 (MT Newswires) -- Boron One (BONE.V) signed a binding three-year off-take agreement with a Singapore-based global distribution company for the future sale of boron mineral concentrates and derivative boron products from its Piskanja project in Serbia, it said Wednesday. The unnamed global distribution company has committed to buying 50,000 tons of Ulexite concentrate per year, with the option to increase purchases to 60,000 tons per year and up to 20,000 tons of Colemanite concentrate per year, with no minimum purchase commitment. The buyer has also agreed to buy 50,000 tons of Boric Acid per year, with the option to increase purchases to 60,000 tons per year, and 50,000 tons of Borax (5 mol) per year, with the option to increase purchases to 60,000 tons per year. The distribution company has also been granted a non-exclusive right to market and sell the products to customers in certain Asian countries, it said. Shares of the company were last seen down $0.005 to CA$0.03 on the TSX Venture Exchange. Price: 0.03, Change: -0.01, Percent Change: -14.29
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