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Why is the Glencore deal important?
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Glenor offtake secures Jaguar nickel concentrate for Sbury ops
- Offtake agreement underpins equity and debt
- Glenor takes Jaguar nickel concentrate to Sbury ops
- Deal serves as credentializing step
- Market follows Glenor's terms post-offtake
- No floor price in contract, unlike rare earth deals
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