US-Backed Tin Refiner to Buy Up to All Output From Australian Miner

A centuries-old tin company backed by funding from the US Department of Defense agreed to buy as much as 100% of the metal concentrates produced by an Australian mining firm under a multiyear offtake agreement financed by STG Metals, according to Bloomberg. The deal covers the miner’s supply and gives the refiner rights to take all of the output under the agreement.