MMG Signs Rosebery Concentrate Sales Agreement With Minmetals North-Europe

Reuters2025-12-16
MMG Signs Rosebery Concentrate Sales Agreement With Minmetals North-Europe

MMG Limited announced that its subsidiary, MMG Australia Limited, has entered into the Rosebery Concentrate Sales Agreement with Minmetals North-Europe. Under the agreement, MMG Australia Limited will sell 100% of its production, estimated at approximately 6,000 dry metric tonnes of product per annum, to Minmetals North-Europe during 2026 and 2027. The proposed annual cap for the agreement is US$150 million, equivalent to approximately HK$1,170 million. The terms of the agreement were determined through arm's length negotiations and a commercial tender process.

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