Sirius Minerals - Re: SXX Stream Log - SP Angel's note out this...

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12:02 08/06/2016

SP Angel's note out this morning: "Sirius Minerals reports that it has “entered into a new take-or-pay agreement ... with Yunnan Dian Huang Peony Industrial Group” (Dian Huang) The agreement will cover a “period of ten years from first production, ramping up to one million tonnes per annum over the first six years of the contract”. Pricing will remain confidential, however the Company advises that... Sirius Minerals continues to expand and develop market acceptance of the polyhalite product. The restructuring of the offtake agreements with Dian Huang and TCT provides a longer tenure to the agreement and hence adds an improved level of “confidence to both parties moving forward". Scraped this from Research Tree

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