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Aqua Metals Signs Five-Year Copper and Aluminum Offtake LOI, Completing Commercial Coverage of Three Project Headwaters Product Streams
Source: GlobeNewswire
Commodities & Raw MaterialsCompany Fundamentals
A five-year letter of intent contemplates the purchase of up to 100% of commercially saleable copper and aluminum from Project Headwaters. The potential offtake represents more than $105 million in projected value at current commodity prices, improving prospective revenue visibility, though the arrangement remains an LOI rather than a finalized contract.
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