MicroSalt has formalised a joint development agreement with one of the world’s largest food and beverage manufacturers to develop new low-sodium products.
The AIM-listed salt producer, which manufactures natural salt containing approximately 50% less sodium, announced the four-year collaboration, which builds on a non-binding term sheet signed between the parties in November 2025.
Under the terms, neither party will exchange compensation unless specifically agreed for individual projects. Each will bear its own development costs.
MicroSalt has not named any of its major clients, but volume forecasts released last year confirm that it is working with companies that produce mass-market products at scale.
MicroSalt issued a projected 2027 sales volume of $11m last year. Investors will hope this new agreement leads to additional demand for their low-sodium salt.
“This further agreement with Customer 3 is a validation of MicroSalt’s unique offering to the global food and beverage industry,” said Rick Guiney, Chief Executive Officer of MicroSalt.
“Collaborating with one of the world’s largest food, soft drink and snack manufacturers underlines the strength and versatility of our technology that addresses one of the food industry’s most pressing challenges. We look forward to working evermore closely with Customer 3 to deliver healthier food products to consumers worldwide in the coming years.”