Definition of "offtake" []

• To take off; take away. (verb)
• A point or channel of drainage or off-flow; offlet. (noun)
• The removal of oil (or an industrial chemical) from a storage facility. (noun)

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• "And in August, Coal India invited bids from overseas miners to enter into contracts for long-term offtake of coal."
• "Qld. Separately on Tuesday, Mr Klein, now Conquest's executive chairman, said the miner aimed in the next three to four months to formalise a long-term offtake contract with a Chinese smelter company for product from Mt Carlton."
• "Mr Walker also believed Conquest's offer was appealing because it would give NQM shareholders exposure to Conquest's Mt Carlton gold, silver and copper project in north Qld. Separately on Tuesday, Mr Klein, now Conquest's executive chairman, said the miner aimed in the next three to four months to formalise a long-term offtake contract with a Chinese smelter company for product from Mt Carlton."