MLchartDataset catalogue

Offtake

Term · Industrial and trades · MLC-T-IND-003978

The agreement or process by which a buyer commits to purchasing a specified quantity of a commodity, such as minerals, oil, or gas, from a producer over a set period. This arrangement provides revenue certainty for the producer and supply security for the buyer. Offtake agreements often include pricing mechanisms tied to market indices or fixed rates.

Table 1. Record
IdentifierMLC-T-IND-003978
FieldIndustrial and trades
SubjectMining and extraction
TranslationsGerman: Offtake; Spanish: extracción; French: prélèvement
Record as JSON 
{
  "id": "MLC-T-IND-003978",
  "term": "Offtake",
  "field": "Industrial and trades",
  "definition": "The agreement or process by which a buyer commits to purchasing a specified quantity of a commodity, such as minerals, oil, or gas, from a producer over a set period. This arrangement provides revenue certainty for the producer and supply security for the buyer. Offtake agreements often include pricing mechanisms tied to market indices or fixed rates.",
  "subject": "Mining and extraction",
  "translations": {
    "de": "Offtake",
    "es": "extracción",
    "fr": "prélèvement"
  },
  "url": "https://mlchart.com/terminology/industrial/offtake/"
}

Record 4,363 of 7,361 in Industrial and trades terminology (MLC-0113). Request the full dataset.