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First Graphene announces Extension of Vein Graphite Supply from Kahatagaha Graphite Lanka Limited

Highlights

  • Vein graphite supply agreement extended with the acceptance by KGLL of an order for a further two hundred and sixty (260) tonnes of high-grade graphite.
  • Places the Company in an even stronger position with respect to raw material supply, in anticipation of graphene sales contracts
  • Confirmation of reliability of the Company in commercial dealings with Sri Lankan authorities, further strengthening the relationship
  • Strategic supply will underpin the Company’s low-cost graphene production strategies and facilitate potential accelerated graphene production capacity
  • Agreement extended at the previously agreed prices
Advanced materials company, First Graphene Limited (“FGR” or “the Company”) (ASX: FGR) is pleased to advise it has extended its contract with the Sri Lankan government owned Kahatagaha Graphite Lanka Limited (KGLL) to purchase premium quality graphite.

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