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Mineral Commodities locks in garnet offtake agreements

Apr.08 2021      Source:net

Keywords:garnet

Mineral Commodities has executed a number of agreements with offtake partner, GMA Group to lock in future sales of garnet concentrate from its Tormin mineral sands operation on South Africa’s Western Cape.

Included amongst a suite of agreements executed with Garnet International Resources - a member of the GMA Group – is a three-year, non-exclusive arrangement to supply GMA with 100,000 tonnes of garnet concentrate per annum commencing this year.

Under a separate agreement, the company said it will deliver around 635,000 tonnes of existing garnet product to GMA’s Saldanha facility to support GMA’s leading position as a global supplier of garnet abrasives.

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