Almonty Industries signs offtake agreement with SeAH Group for Sangdong molybdenum

Almonty Industries entered into an exclusive offtake agreement with SeAH M&S to supply 100% of the molybdenum production from its Sangdong Molybdenum Project in South Korea for the life of mine, with a floor price of US$19.00/lb.

“SeAH has agreed to purchase 100% of the material produced from Almonty’s Sangdong Molybdenum Project for life of mine.”businesswire.com

• 1 source
• businesswire.comAlmonty Industries Has Entered Into an Offtake Agreement with SeAH Group, the Korean Steel Giant and SpaceX Contractor, to Supply SeAH with the Entire Production of Molybdenum from Almonty's Sangdong Molybdenum Project for the Life of MineFor further information, please contactJan 29, 2025

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