Business
Troilus Signs Memorandum of Understanding With Boliden for Long‑Term Copper‑Gold Concentrate Offtake
MONTRÉAL, March 17, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (formerly Troilus Gold Corp.) (“Troilus” or the “Company”; TSX: TLG, OTCQX: CHXMF; FSE: CM5) is pleased to announce that it has signed a Memorandum of Understanding (“MoU” or the “Agreement”) with Boliden Commercial AB (“Boliden”), a leading European base and precious metals mining and processing company, for the long-term offtake of copper-gold concentrate from the Company’s Troilus Project (the “Project”) in north-central Québec
About this update from Aurubis Ag
[{"type":"image","alt":"Troilus Mining Corp.","displaySize":"","headline":null,"caption":"Troilus Mining Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":200,"height":99,"url":"https://media.zenfs.com/en/globenewswire.com/1eedd91484440d0c7b3428b0a4bcd164"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YuFQEKRpp8Q6GUDcDwNNdQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTE3ODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/1eedd91484440d0c7b3428b0a4bcd164","width":200,"height":99}},"lazy":false},{"type":"text","content":"MONTRÉAL, March 17, 2026 (GLOBE NEWSWIRE) -- Troilus Mining Corp. (formerly Troilus Gold Corp.) (“Troilus” or the “Company”; TSX: TLG, OTCQX: CHXMF; FSE: CM5) is pleased to announce that it has signed a Memorandum of Understanding (“MoU” or the “Agreement”) with Boliden Commercial AB (“Boliden”), a leading European base and precious metals mining and processing company, for the long-term offtake of copper-gold concentrate from the Company’s Troilus Project (the “Project”) in north-central Québec, Canada.","length":509,"tagName":"p"},{"type":"text","content":"The MoU advances the indicative commercial offtake terms previously announced on July 10, 2025 to a more formal stage and establishes a framework for future concentrate deliveries. Boliden operates seven mines and five smelters across Sweden, Finland, Norway, Ireland and Portugal, and is recognized globally for its responsible processing of concentrates.","length":361,"tagName":"p"},{"type":"text","content":"This Agreement follows the Memorandum of Agreement (“MoA”) signed with Aurubis AG in August 2025 and further strengthens Troilus’ commercial strategy as the Company progresses Project financing and advances towards construction. Together, these arrangements secure long-term relationships with two of Europe’s most established smelting groups and reinforce Troilus’ position within evolving critical mineral supply chains.","length":422,"tagName":"p"},{"type":"text","content":"Justin Reid, CEO of Troilus, commented, “Boliden is a highly respected partner with deep expertise in responsibly processing copper concentrates. Advancing our relationship to this stage reflects growing commercial confidence in the quality, scale and strategic importance of our Project, and reinforces Québec’s position as a stable, clean-energy jurisdiction for responsible min...