Valence Industries
(ASX:VXL) says it has just signed 6 new sales contracts and now has 100 per cent of its first year production sold.
The contracts are to supply 8,000 tonnes of flake graphite across a number of applications including heavy industry and advanced technologies.
Details of the new customers cannot be disclosed but the deals support a strong growth path for the company which is trying to deliver increased volumes.
The company’s ULEY Phase 1 plant is expected to be in full commission by the third quarter of 2015.
