Aterian PLC - Supply Agreement Supports Trading Growth

Aterian PLC has recently entered into a long-term supply agreement with a Rwanda-based 3Ts producer and exporter to support the expansion of trading activities in Rwanda. This agreement will provide additional feedstock volumes for Aterian's growing trading operations, aligning with the company's strategy to build a scalable, cash-generative critical minerals trading platform in Africa.

The company's Executive Chairman will now focus on overseeing and developing the trading activities, while the CEO will concentrate on advancing the exploration portfolio. Key developments include setting up a new warehouse facility in Rwanda and appointing a local Head of Trading to support increasing supply volumes. The company remains committed to responsible sourcing and traceability.