IBC Advanced Alloys Corp. (TSXV:IB,OTCQX:IAALF) signed an exclusive supply contract to provide a global leader in the design and manufacture of high performance products for the aerospace industry with proprietary copper alloy.
As quoted in the press release:
No minimum ordering requirements are stipulated under this new exclusive supply agreement, but IBC management is confident the agreement has the potential to generate from $6,000,000 to $8,000,000 in revenues over the three-year life of the contract.
IBC CEO Anthony Dutton said:
“We are increasingly working with our customers to provide specialty, industry-focused solutions to address specific materials needs involving copper and aluminum alloys. This supply contract is vindication that our customer-focused strategy is working.”