Tantalex Signs Strategic Agreement

Tantalex Resources (CSE:TTX) announced that its subsidiary United Materials Congo SARL has signed an agreement with local mining cooperative La Coopérative Minière pour le Développement Intégré du Congo.
As quoted in the press release:

CMDIC will become a sub-contractor to UMC, and as such, will supply UMC exclusively to the entirety of the Tantalum Pentoxide concentrate (Ta205) produced by local entities. In return, United Materials will provide CMDIC with technical manpower, equipment and other resources in order to contribute to the sustainability of the region’s small mining sites.

Dave Gagnon, CEO of Tantalex, said:

This agreement marks a milestone in Tantalex’s evolution toward being a producer of strategic metals. We have spent the last few years laying the ground work in gaining access to reliable sources of concentrate for metals such as Tantalum (Ta), Tin (Sn) and Cobalt (Co). This is the first step in the right direction to becoming one of the key players in the high-tech minerals sector.

Click here for the full press release.