Hexagon Signs MoU for 30% Offtake and Stage 1 Project Finance

Hexagon Resources Limited (HXG or the Company) has signed a non-binding Memorandum of Understanding (MoU) with China National Building Materials – General Technology Co. Ltd (CNMMGT) of China to purchase 30% of planned primary production from Hexagon’s McIntosh Graphite project located in Western Australia.

As quoted in the press release:

“Hexagon plans for this to be the first of a series of collaborative agreements with a geographically widespread and diverse group of end-users with significant presence in the graphite market,” Hexagon’s Managing Director, Mike Rosenstreich said.

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