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.
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
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