offtake
Amount drawn off
Offtake is the removal or withdrawal of something, especially a product or commodity from a source.
In business, an offtake agreement is a contract to purchase future production: The mining company secured an offtake agreement before construction began.
The term appears most often in energy, mining, and agricultural contexts, referring to the quantity taken or the act of taking it.
Enforceable written agreement
- buyerOne who acquires things
- sellerOne who trades goods
- commodityFungible traded good
- volumeAmount of space filled
price · negotiation · commitment · prepayment · financing · terms · conditions · long-term
Sending of information
- distributionAllocation across recipients
- tapValve controlling liquid flow
- valveFluid flow controller
- meteringControlled measurement of quantity
junction · diversion · branch · flow · throughput · pressure · downstream · upstream
Venue for trade
- forecastPrediction of future conditions
- salesRevenue from goods moved
- growthIncrease in size
- projectionsEstimates extending forward
volume · requirements · purchasing · buyers · orders · reservations · expansion · appetite
Act of removing
- oreMetal-bearing rock
- mineralNaturally formed crystalline solid
- quarryingOpen-pit stone mining
- excavationAct of unearthing
processing · refinery · smelting · output · yield · recovery · concentrate · tailings
Energy from charged particles
- gridFramework of intersecting lines
- powerEnergy transfer rate
- generationAge-defined peer group
- substationPower distribution point
megawatt · kilowatt · gigawatt · renewables · turbine · transformer · voltage · capacity
contract
Enforceable written agreement
volume · price · negotiation · commitment · prepayment · financing · terms · conditions · long-term · fixed
transmission
Sending of information
- distributionAllocation across recipients
- tapValve controlling liquid flow
- valveFluid flow controller
metering · junction · diversion · branch · flow · throughput · pressure · downstream · upstream · terminal
market
Venue for trade
projections · volume · requirements · purchasing · buyers · orders · reservations · expansion · appetite · capacity
extraction
Act of removing
excavation · processing · refinery · smelting · output · yield · recovery · concentrate · tailings · haul
electricity
Energy from charged particles
- gridFramework of intersecting lines
- powerEnergy transfer rate
- generationAge-defined peer group
substation · megawatt · kilowatt · gigawatt · renewables · turbine · transformer · voltage · capacity · dispatch