RECHARGE RESOURCES EXECUTES OFFTAKE LETTER OF INTENT TO SUPPLY BETWEEN 10,000 AND 20,000 TONNES OF LITHIUM WITH RICHLINK CAPITAL PTY LTD
Recharges trading terms are revolving letter of credit with the usual documentation each quarter.
- Recharges trading terms are revolving letter of credit with the usual documentation each quarter.
- The price will be negotiated on the benchmark price as quoted by Fastmarkets MB, four weeks before the laycan commences.
- The agreement further contemplates certain development milestones for Recharge:
1.In October 2022, Recharge intends to drill a production diameter exploration well. - We are honoured to be working with Mr. George Su and his clients at Richlink Capital Pty Ltd.