Friday, February 19, 2010

Timminco Signs Five-Year Silicon Metal Supply Deal

Timminco Ltd has secured contracts to supply about 90,000 tonnes of silicon metal over the next five years.

Subsidiary company Becancour Silicon Ltd will supply set base quantities of silicon metal between 2010 and 2014, subject to volume adjustments by the customer. Volume commitments can also be suspended for any year after 2010 if both parties cannot settle on pricing. The contract is with a long-standing customer, though Timminco has not divulged the customer’s name.

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