Westwin Elements, America’s first major nickel refinery, has signed its first binding commercial agreement in company history – a milestone seven-year Sales & Purchase Agreement (SPA) with Golden Age Free Zone Establishment (FZE), a subsidiary of Apex Group-Turkiye.
Under the agreement, Westwin will supply 2,600 metric tonnes per annum (tpa) of Carbonyl Nickel Powder and Class 1 Nickel Briquettes to Golden Age FZE. The total estimated value of the contract is approximately $350 million USD.
Golden Age FZE will serve as the exclusive distributor and marketing partner for Westwin’s Nickel Powder and Briquettes in Turkiye and will lead the development of the Westwin Elements brand in Turkiye and the broader Turkic republics.
“This agreement marks the commercial take off for Westwin and for U.S. nickel refining,” said KaLeigh Long, Westwin Elements Founder and Chief Executive Officer. “We’re grateful to our team for making it possible and to Golden Age FZE and Apex Group for trusting us to bring American-made nickel to international markets. This is just the beginning of Westwin’s international growth.”
This agreement coincides with the ramp-up of Westwin’s Phase 1 production, which will deliver 18,000 tpa of high-purity nickel per year. The company plans to reach a nameplate capacity of 68,000 tpa in 2034. Westwin is also actively engaged in commercial negotiations with several leading original equipment manufacturers (OEMs) and looks forward to finalizing additional agreements in the near future.
Apex Group-Turkiye, founded in 1992, operates internationally in the construction and EPC industries, with a portfolio that includes a 488MW gas turbine energy plant, shopping malls, housing developments, hospitals, and active commodity trading operations.
“This agreement marks a landmark development for the powder metallurgy industry in Türkiye and the surrounding regions,” said Mr. Serdar Demiryol, Spokesman for Golden Age FZE. “Especially with the introduction of a new, specific-quality American-made product to the market, it holds significant importance for Türkiye’s robust nickel-plating sector, as well as for small-scale firms manufacturing alloys and specialized automotive parts.”
“The alloy and powder metallurgy market is developing and expanding rapidly, and we believe that our long-term collaboration with Westwin Elements will grow exponentially, adding strategic value to regional markets,” Mr. Demiryol continued. “This landmark agreement marks Westwin’s entrance into international nickel markets and establishes a long-term commercial foundation with a trusted global partner.”
About Westwin Elements
Westwin Elements is building America’s first major nickel refinery, delivering high-purity Class 1 nickel and specialized nickel products for national security and industrial applications. Westwin is driving critical mineral independence and reshaping the future of sustainable metal refining.
About Golden Age FZE / Apex Group-Turkiye
Golden Age FZE is a wholly owned subsidiary of Apex Group-Turkiye, a diversified global enterprise operating since 1992 in the fields of energy, construction, real estate, healthcare, and commodities. The group has delivered large-scale infrastructure projects across multiple continents and is actively expanding its strategic partnerships in critical materials and industrial supply chains.
Media Contact:
Aundie Boeckman
VP of Communications
Aundie@WestwinElements.com
