What Is an Offtake Agreement? An offtake agreement is an arrangement between a producer and a buyer to purchase or sell portions of the producer's upcoming goods. It is normally negotiated before the construction of a factory or facility to secure a market and revenue stream for its future ...
A take-or-pay clause in a contract stipulates that a buyer will take an agreed-upon amount of acommodityfrom a seller on a certain date or pay a set penalty fee if it does not. The fee is generally less than the full purchase price of the commodity. Who Benefits From Take or Pay?
Equally important for dealmakers is the question: how will deal processes change in 2011? We expect that the biggest change will stem from increased stakeholder criticism of the current direction of mining M&A, which can make closing a deal challenging and even increase integration challenges. To ...
ahead of a ramp-up towards a 90,000 tonnes per annum (tpa) capacity. The additional investment is aiming to take this to 180,000 tpa by 2019, the majority of which will be sold to an unnamed offtake partner. While new feedstock will see increased Chinese production...