Albemarle and Power Metals Sign Cesium Concentrate Offtake Deal
雅保雅保(US:ALB) ZACKS·2025-12-15 17:26

Key Takeaways ALB entered a C5MprepaymentdealtoacquirecesiumoxideconcentrateandofftakerightsforCaseLake.PowerMetalsCaseLakehostsnearsurface,highgradecesium,strengtheningNorthAmericassupplychain.AlbemarlespaymentsarestagedC5M pre-payment deal to acquire cesium oxide concentrate and offtake rights for Case Lake.Power Metals' Case Lake hosts near-surface, high-grade cesium, strengthening North America's supply chain.Albemarle's payments are staged- C2M on execution and C3Mafterenvironmentalapprovaltomine.AlbemarleCorporation(ALB)hasenteredintoacesiumconcentrateofftakeagreementwithPowerMetalsCorp.Undertheagreement,ALBhasagreedtoaprepaymentofC3M after environmental approval to mine.Albemarle Corporation (ALB) has entered into a cesium concentrate offtake agreement with Power Metals Corp. Under the agreement, ALB has agreed to a pre-payment of C5 million to Power Metal ...