13 May 2019

TNG signs agreement for Titanium Dioxide pigment from Mount Peake

Australian strategic metals company TNG Limited has announced that is has signed a Binding Life-of-Mine Off-take and Marketing Agreement (Agreement) with the leading Market Expansion Services provider DKSH to purchase, on a life-of-mine basis, up to 100% of the titanium dioxide (TiO2) pigment that will be produced by its flagship 100%-owned Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory

The finalisation of a binding off-take agreement for titanium dioxide production means that TNG will have binding sales contracts in place for all three of its high-value products, supporting its funding and commercialisation strategy for the Mount Peake Project.

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