First Graphene announces Extension of Vein Graphite Supply from Kahatagaha Graphite Lanka Limited | Finance News Network

Media ReleasesFirst Graphene

View All First Graphene News


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.

For further information please download PDF attached: Download this document