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Regulation (EU) 2024/1252 of the European Parliament and of the Council of 11 April 2024 establishing a framework for ensuring a secure and sustainable supply of critical raw materials and amending Regulations (EU) No 168/2013, (EU) 2018/858, (EU) 2018/1724 and (EU) 2019/1020 (Text with EEA relevance)

article  17

CELEX:  02024R1252-20240503

Facilitating offtake agreements
1. The Commission shall set up a system to facilitate the conclusion of offtake agreements related to Strategic Projects, in accordance with competition rules.
2. The system referred to in paragraph 1 shall allow potential offtakers to make bids indicating:
(a) the volume and quality of strategic raw materials they intend to purchase;
(b) the intended price or price range;
(c) the intended duration of the offtake agreement.
3. The system referred to in paragraph 1 shall allow project promoters of Strategic Projects to make offers indicating:
(a) the volume and quality of strategic raw materials for which they are seeking to conclude off-take agreements;
(b) the intended price or price range at which they are willing to sell;
(c) the intended duration of the offtake agreement.
4. On the basis of the bids and offers received pursuant to paragraphs 2 and 3, the Commission shall bring project promoters of Strategic Projects in contact with potential offtakers relevant for their project.