St Jean Enters Graphite Offtake Agreement with Ameca

Saint Jean Carbon Inc of Oakville, ON has entered into an offtake agreement with Ameca Ltd, a BC company. The essential terms of the contract include: the company will buy graphite from Ameca; the company will buy a minimum of 7,500 tonnes/year; prices for the graphite will be negotiated every six months based on market rates. Ameca controls the development of graphite in Sri Lanka and plans to be producing 15,000 tonnes/year in 2021.

Volume 34, Issue 19

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