HomeFinTechHyperion Metals: Signs MOU with Chemours

Hyperion Metals: Signs MOU with Chemours

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Hyperion Metals Signs MOU with Chemours

  • Hyperion Metals (HYM) signs a supply agreement with The Chemours Company, one of the world’s largest producers of high-quality titanium dioxide products
  • The agreement is for the potential supply of titanium feedstocks to Chemours from Hyperion’s Titan project in West Tennessee
  • Hyperion says this deal provides a “compelling opportunity” to develop a partnership to grow a low carbon domestic supply chain of critical mineral feedstocks in the US
  • The MOU is non-exclusive, non-binding and is subject to negotiation and expires on October 31, 2024
  • On the market today, Hyperion is down 0.6 per cent and trading at 82.5 cents per share
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