Aluminum Copper Lead

Kazera enters into exclusive tantalum offtake agreement

UK's Kazera Global has entered into an offtake agreement for the sale of all tantalum produced from its mine in Tantalite Valley, in Namibia, following the conclusion of its plans to start tantalum production at the mine.

After extensive due diligence, Jiujiang Jinxin Nonferrous Metals, based in Jiangxi province, China, was selected as the company's preferred buyer.

Jinxin has entered into a three-year initial contract, through to December 31, 2024, to buy all tantalum concentrate produced by Kazera at a fixed price that is competitive in terms of those paid globally by end-users of tantalum.