Group 6 Metals Extends Offtake Agreement with Traxys Europe for Tungsten Supply

Group 6 Metals Ltd. has signed a multi-year offtake agreement extension with Traxys Europe S.A. This agreement, effective immediately, commits G6M to deliver a minimum of 10,000 MT of WO3 contained in scheelite concentrates, linked to spot APT prices. The minimum contract value is estimated at US$1.75 billion over 6 to 8 years, enhancing G6M's access to global tungsten markets.

Published Mar 25, 2026

Group 6 Metals Ltd. has signed an immediate multi-year offtake agreement extension with Traxys Europe S.A., committing to deliver at least 10,000 MT of WO3 in scheelite concentrates. The contract is valued at approximately US$1.75 billion over 6 to 8 years, with prices tied to prevailing spot APT rates.

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This agreement solidifies G6M's access to global tungsten markets and supports its Dolphin Tungsten project on King Island. The partnership with Traxys enhances supply chain security and collaboration, benefiting both companies as demand for tungsten evolves.