CYMHF RIO cymat executes commercial agreement with Rio Tinto alcan to assume customers of their proprietary Aluminum metal Matrix composites
CYMHF RIO cymat executes commercial agreement with Rio Tinto alcan to assume customers of their proprietary Aluminum metal Matrix composites business Cymat technologies - Rio Tinto to exit Aluminum metal Matrix composites business - To establish mmc production at mississauga plant - To pay Rio Tinto USD 750/ton mmc sold or used, Max USD 500,000 over 5 years - Expects mmc product line fully operational by early Q2 2027
CYMHF RIO cymat executes commercial agreement with Rio Tinto alcan to assume customers of their proprietary Aluminum metal Matrix composites business Cymat technologies - Rio Tinto to exit Aluminum metal Matrix composites business - To establish mmc production at mississauga plant - To pay Rio Tinto USD 750/ton mmc sold or used, Max USD 500,000 over 5 years - Expects mmc product line fully operational by early Q2 2027