https://www.miningweekly.com

Bass gets possible offtake for Graphmada product

16th June 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed graphite developer Bass Metals has signed a sales and purchase memorandum of understanding for half of the forecast graphite concentrate production from the Stage 1 development of its Graphmada project, in Madagascar.

The un-named European party was expected to purchase some 3 000 t/y of graphite concentrate for a period of three year, with the concentrate to e sold into refractories, foundries and crucible markets throughout Europe.

“Our partnering with a group that has been in operation for more than 100 years and generates annual revenues of greater than €350-million is an important strategic development for Bass,” said CEO Tim McManus.

“Their customer base includes companies from the refractory industry, metallurgy and foundries, cement and construction materials as well as chemicals and plastics processing. This partnership will benefit the company through distributing our premium concentrates to end-users in Europe and establishing Graphmada concentrate as a highly valued product in end markets.”

Bass is currently working to optimise the Stage 1 Graphmada operation to produce some 6 000 t/y of concentrate, with the Stage 2 development targeting a production of 20 000 t/y by 2019.

Edited by Creamer Media Reporter

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.205 0.241s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: