Aim-listed Armadale Capital has appointed an experienced Beijing-based marketing consultant, Jenny Lee, to pursue offtake agreements ahead of an anticipated decision to mine at its Mahenge Liandu graphite project, in Tanzania, in early 2019.
Lee, who is MD of Jialin International Trading, will be based in Beijing to manage offtake discussions in-country, which will be coordinated alongside testwork from the recently completed diamond drilling and metallurgical programmes.
"[She] is highly experienced in obtaining offtake agreements and managing ongoing sales arrangements in China," the company said on Friday.
“In tandem with our operational advances, it is critical that we develop a marketing function capable of attracting long-term and well-priced offtake agreements for our future product, and today’s appointment of our first Beijing-based marketing consultant is central to this objective. Jenny’s extensive operational experience in China and proven success in managing commercial sales negotiations makes her ideally suited to represent Armadale in this prospective market," added Armadale director Nick Johansen.
Meanwhile, a feasibility study into the project is well advanced and is expected to be completed by the fourth quarter of this year, while work on environmental and social baseline surveys is nearing completion. An environmental-impact assessment, a relocation action plan and a valuation survey are expected to be submitted in October.