Brief: Rarex Says Joins Forces With Newhaul For Product Haulage

Rarex

10/01/2024 24:40

Jan 10 (Reuters) - RareX Limited  REE.AX :
    * CUMMINS RANGE JOINS FORCES WITH NEWHAUL FOR PRODUCT
HAULAGE
    * TERM SHEET EXECUTED WITH NEWHAUL PTY FOR FORMATION OF
JOINT
VENTURE COMPANY TO PROVIDE HAULAGE SERVICES TO CUMMINS RANGE
PROJECT
    * TERM SHEET PROVIDES  COMMITMENT TO NEGOTIATE  LONG-FORM
HAULAGE
CONTRACT, TO BE ENTERED INTO BETWEEN CUMMINS RANGE PTY LTD AND
JV CO
    * TERMS BIND NEWHAUL TO IMMEDIATELY ESTABLISH A SPECIAL
PURPOSE
VEHICLE TO PROVIDE HAULAGE SERVICES TO PROJECT

Source text for Eikon:  ID:nASX83gtPK 
Further company coverage:  REE.AX 

 ((Reuters.Briefs@thomsonreuters.com;))