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POWER METALS REACHES CESIUM CONCENTRATE OFFTAKE AGREEMENT WITH ALBEMARLE
POWER METALS REACHES CESIUM CONCENTRATE OFFTAKE AGREEMENT WITH ALBEMARLE Canada NewsWire ...
About this update from Power Metals Corp.
[{"type":"text","content":"\n\n\nPOWER METALS REACHES CESIUM CONCENTRATE OFFTAKE AGREEMENT WITH ALBEMARLE\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n\n\n\n\n\nCanada NewsWire\n\n\nMajor Highlights\nPower Metals secures significant commercial milestones with Albemarle Corporation, one of the world's leading critical-minerals companies, which has acquired the current offtake agreement from Winsome Resources (ASX: WR1) for the Case Lake Project Deal sees Albemarle purchase Winsome Resources offtake rights in Power Metals Corp's Case Lake ProjectCase Lake hosts near-surface, high-grade cesium with Albemarle securing the rights to all Project offtakeUnder the offtake agreement, Albemarle has agreed to prepay for up to CAD$5 Million of cesium oxide concentrate from the Case Lake ProjectAgreement delivers clear benefits to existing Power Metals shareholders by providing access to project funding through a fully non-dilutive transaction structureCase Lake is currently advancing towards its production target for 2026 VANCOUVER, BC, Dec. 12, 2025 /CNW/ - Power Metals Corp (\"Power Metals\" or the \"Company\") (TSXV: PWM) (FRANKFURT: OAA1) (OTCQB: PWRMF) is pleased to announce Albemarle Corporation (\"Albemarle\") has agreed to a CAD$5 Million pre-payment arrangement for cesium oxide concentrate from the Company's Case Lake Project (\"the Project\") in Ontario, Canada.\nThe milestone involves Albemarle also acquiring current offtake rights held by Winsome Resources (ASX: WR1), marking a significant endorsement from one of the world's leading critical-minerals companies.\nIt also underscores the growing importance of Case Lake as a strategic asset and the role it is poised to play in securing North America's cesium supply chain.\nPursuant to a purchase agreement between Winso...