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PolyNatura and Nitron Group Announce Offtake Agreement for Polyhalite
PolyNatura Corp (“PolyNatura”) and Nitron Group LLC (“Nitron”) announced today that they have entered a “take-or-pay” offtake agreement for the supply of multi-nutrient polyhalite products. Under the agreement, subject to customary terms and conditions, Nitron will purchase 75% of PolyNatura’s production (1.5 million tons annually at peak production) over a five-year period commencing from first production.