VHM's Mitsui Term Sheet Covers Half of Goschen Mineral Sands Output
VMLVHM's non-binding Mitsui term sheet covers up to 65,000 tonnes a year of Goschen heavy mineral concentrate, up from a 40% letter of interest in 2025. A separate take-and-pay agreement covers the project's rare-earth concentrate with Iluka, but Mitsui's purchase and any trade finance remain uncommitted.
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