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    graphite investing

    Mason Graphite Announces Order of Long-lead Key Equipment for Its Planned Processing Plant

    Priscila Barrera
    Mar. 20, 2018 11:12AM PST
    Battery Metals

    Mason Graphite Inc. (“ Mason Graphite” or the “Company”)(TSX.V:LLG) (OTCQX:MGPHF) is pleased to announce that a down payment has been made to a global leader in minerals and metals processing technology equipment manufacturer in early January 2018, thus confirming a $12.2Mpurchase order issued in December 2017 covering approximately 30% of all the required equipment for the processing plant. This order …

    Mason Graphite Inc. (“ Mason Graphite” or the “Company”)(TSX.V:LLG) (OTCQX:MGPHF) is pleased to announce that a down payment has been made to a global leader in minerals and metals processing technology equipment manufacturer in early January 2018, thus confirming a $12.2Mpurchase order issued in December 2017 covering approximately 30% of all the required equipment for the processing plant. This order covers key equipment with critical delivery schedule such as all the mills, flotation cells & columns, thickeners and filters.

    As quoted in the press release:

    Benoît Gascon, President and CEO of Mason Graphite , commented: “The execution of the project has recently met some major milestones, such as the completion of detailed engineering for the civil work for both sites and the construction of the access road leading to the plant site in Baie-Comeau . Maintenance work on forest Road 202 leading to the mine site has also started last fall and will resume this spring. This purchase order, another very important milestone, brings the project one step closer to construction which will be able to begin once the final authorizations are obtained.”

    Click here for the full text release

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