StratMin Signs Sales Contract with US-based Graphite Trader

Madagascar-focused StratMin Global Resources plc (LSE:STGR) announced that it has signed a sales contract with a United States-based graphite trading company.

As quoted in the press release:

Initial deliveries are for:

1. 54 tonnes of +40 mesh
2. 19 tonnes of -40+80 mesh
3. 38 tonnes of +60 mesh

Manoli Yannaghas, managing director of StratMin, commented:

I am very pleased with the Company’s progress. We have swiftly proven our ability to sell a premium product at a confidential price that reflects its quality, following the commencement of commercial production, as recently as the start of this quarter.

We expect new sales contracts to be the start of longer term relations with these customers.

Click here to read the full StratMin Global Resources plc (LSE:STGR) press release.