Homeland Nickel Inc. has signed a binding offtake agreement with Westwin Elements Inc. to supply an estimated 20,000 tonnes of nickel concentrate annually from the Red Flat Nickel Project in Oregon. This deal secures Westwin's first domestic nickel source for its planned refinery, supporting U.S. supply chain independence. Homeland will deliver updated resource and economic reports by mid-2027, after which Westwin will fund a feasibility study. The agreement complements Westwin's existing supply contracts and aims to advance a secure, domestic nickel supply for American manufacturing and defense needs.
Homeland Nickel's new offtake agreement with Westwin Elements is notable alongside Pluang's Basic Materials sector data. For readers following Basic Materials, here is Pluang's market snapshot as of Sep 29, 2026 01:12 WIB: out of 38 priced US stocks, 11 rose and 27 fell. Sibanye Stillwater Ltd (SBSW) traded at USD 10.18 with a 4.05% decline and 83% buy order activity, Barrick Gold Corp (B) was at USD 41.19 down 3.94% with 100% buy orders, and Newmont Corporation (NEM) stood at USD 116.68, down 3.91% with 82% sell orders.
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