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Zeotech Secures Binding Offtake Agreement with MSI

Story Highlights
  • Zeotech Limited focuses on producing metakaolin and zeolites for low-carbon and GHG mitigation markets.
  • Zeotech has executed a binding offtake agreement with MSI, enhancing its market presence.
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Zeotech Secures Binding Offtake Agreement with MSI

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Zeotech Limited ( (AU:ZEO) ) just unveiled an announcement.

Zeotech Limited has announced the execution of a significant binding offtake term sheet with Jiangsu Mineral Sources International Trading Co, Limited, a leading independent bulk raw material trading company based in China. This agreement marks a substantial step for Zeotech in enhancing its market presence and operational capabilities, particularly in the kaolin direct shipping ore sector, potentially impacting its industry positioning and stakeholder interests positively.

More about Zeotech Limited

Zeotech Limited is an emerging mineral processing technology company focused on leveraging its high-grade kaolin resources to produce high-reactivity metakaolin for the low-carbon concrete market and advanced materials for greenhouse gas mitigation, such as zeolites for fugitive methane control.

Average Trading Volume: 1,664,155

Technical Sentiment Signal: Hold

Current Market Cap: A$110.9M

For detailed information about ZEO stock, go to TipRanks’ Stock Analysis page.

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