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First Tellurium and PyroDelta reach Critical Minerals Supply Agreement with Fenix Advanced Materials
Thenewswireยท 2025-10-23 11:30
Core Insights - First Tellurium Corp's subsidiary, PyroDelta Energy Inc, has secured an agreement with Fenix Advanced Materials to supply high-purity tellurium and other critical minerals for thermoelectric generator manufacturing, addressing potential supply chain issues [2][4] - Fenix Advanced Materials is recognized for its ultra-high purity tellurium (99.9999%) and is part of the MetalTechAlley cluster in the West Kootenay / Lower Columbia region [3] - The agreement aims to ensure a stable supply of critical minerals amidst fluctuating foreign supply chains, which have become increasingly politicized [4] Company Overview - First Tellurium Corp focuses on generating revenue through mineral discovery, project development, and the advancement of tellurium-based technologies [5] - The company is publicly traded on the Canadian Securities Exchange under the symbol "FTEL" and on the OTC under "FSTTF" [5] Marketing and Distribution - First Tellurium has engaged Hillside Consulting and Media Inc. for marketing and distribution services from October 23, 2025, to October 29, 2025, with a cash fee of $20,000 plus applicable taxes [4]