Molten Metals Corp. announce that the Company has executed a non-binding arm's length Memorandum of Understanding ("MOU") for a long-term Antimony supply with Scandinavian Steel AB. The deal was executed on 16th February, and envisages a long-term partnership. The price of the material is defined as specific payables on the Antimony Regulus grade II min 99.65% Sb du Rotterdam price based on the presentation of an International Laboratory Certificate. While currently the Offtake Agreement is considered Non-binding, there is the provision and understanding that Scandinavian Steel has the full intention to upgrade this Agreement to a binding Offtake Agreement within a reasonable time frame and is subject to the prior written approval of the Exchange. The agreement will be subject to a specific financial investment into the development of one or
more of Molten Metals' projects.