Great Lakes Graphite to Recommission Matheson Micronization Facility

Great Lakes Graphite Inc. (TSXV:GLK) announced that it has started activities that will lead to the recommissioning of the Matheson Micronization Facility. The facility contains all the equipment necessary to micronize flake graphite, and is able to put out over 10,000 tonnes of finished product per year.

As quoted in the press release:

Pursuant to the agreement in principle announced on February 26th, 2015 between Great Lakes and Northfil Resources Limited (‘Northfil’), the parties have since successfully concluded the negotiation process and entered into a Facilities Use Agreement (‘FUA’ or the ‘Agreement’) for the Matheson Micronization Facility.  The agreement specifies an initial five year term, with an option to extend the agreement for an additional five years.

Paul Adams, president of Northfil, commented:

We welcome the opportunity to work with the Great Lakes team and are encouraged by the pace they are setting.  It is a pleasure to work with experienced professionals and we look forward to what the future brings.

Click here to read the full Great Lakes Graphite Inc. (TSXV:GLK) press release.