Vital Metals Limited announced that it has amended its offtake agreement with REEtec AS ("REEtec"), increasing the volume of product sold to REEtec by 50%. Under the amended agreement, Vital will sell to REEtec rare earth carbonate product containing a minimum of 750t Neodymium/Praseodymium (NdPr), contained within 2,000t/year total rare earth oxides (TREO) with a maximum of 25% Cerium. This represents a total of 75% of Vital's expanded operation at its Saskatoon rare earths extraction plant, and represents a 50% increase in the product to be supplied under the existing Definitive Off-take Agreement. Reflecting the planned ramp-up schedule of the Saskatoon Rare Earth Extraction Plant over the first 12 months of operation, Vital will deliver to REEtec an initial 187.5t NdPr (contained within approximately 500t TREO) by October 2023 with the remaining product to be delivered at regular intervals over the following five years. The amended agreement extends Vital's product sales to REEtec to 2028 and also provides the option to further expand operations during an additional 10-year long-term supply agreement to provide up to 2,500t NdPr per annum contained within 6,800 tonnes TREO (containing a maximum 25% cerium).