Argex Titanium Inc. and Helm U.S. Corp. announced that they have entered into an exclusive long-term marketing and supply agreement for the distribution of Titanium Dioxide (TiO(2)) in the US and Canada. Under this agreement, HELM U.S. will exclusively market and distribute 50%, up to 25,000 metric tons per year, of TiO(2) produced from Argex's first industrial-sized plant to be located in Salaberry-de-Valleyfied, Québec.

The agreement is for a period of seven years, commencing when the plant reaches a certain capacity which is currently expected to take place in the first quarter of 2017.