• Definitive Offtake Agreement Signed with REEtec for the supply of 1,000t REO (exCerium)/yr. for a period of 5 years
• The agreement ensures Vital and REEtec will work together to minimise the cost of
production of separated rare earth oxides
• Allows both parties to benefit from market developments through a profit-sharing
• Commencement of offtake will contribute towards a robust and sustainable supply
chain for rare earths to wind turbines, electric vehicles, consumer electronics and a
range of other products.
Click here to view the announcement