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