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Article: Timminco Announces Solar Grade Silicon Supply Agreement with Q- Cells AG
- Article from:
- CCNMatthews Newswire
- Article date:
- March 26, 2008
CopyrightCopyright 2008 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(Marketwire - March 26, 2008) - Timminco
Limited ("Timminco") (TSX:TIM) today announced that its wholly-
owned subsidiary, Becancour Silicon Inc. ("BSI"), has entered into
an agreement to supply solar grade silicon to Q-Cells AG ("Q-
Cells") (FRANKFURT:QCE). Q-Cells is the world's largest manufacturer
of solar cells.
Under the terms of the agreement, BSI will supply Q-Cells with
contractually fixed supplies of 410 metric tons (mt) in 2008 and
3,000 mt in 2009 at fixed prices. The deliveries start immediately.
Until the end of July 2008 the partners will negotiate a further
contract on the delivery of up to 6,000 mt per year in the years
2010 to 2013. The price for these ...