TNG Limited
(ASX:TNG) has signed a long term off-take agreement with a leading Korean Metals Group called WOOJIN.
The strategic metals company says the deal encompasses up to 60 per cent of its forecast production and pre-production finance.
The off-take will be from TNG’s flagship Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory.
A binding off-take agreement is expected to be finalised in the next three months which TNG says is a key step to the financing and development of the project.
