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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

Nouveau Monde Graphite Provides Progress Update on Construction of its Graphite Demonstration Plant

Nouveau Monde Graphite (“Nouveau Monde”) (TSX VENTURE:NOU)(OTCQB:NMGRF)(FRANKFURT:NM9) is pleased to announce the completion of several milestones regarding the construction of its demonstration plant (“Demo Plant”). The significant achievements include; finalizing the Demo Plant engineering study, obtaining the financing and securing the authorizations and permits necessary for the completion of the first phase

Syrah Announces First Production

Syrah Resources (ASX: SYR) (“Syrah” or “Company”) is pleased to announce the first production of bagged saleable flake graphite from the Balama Project (“Balama”) in Mozambique.

Shaun Verner, Managing Director and CEO said:
“This is a significant achievement for Syrah, our subsidiary Twigg, and our host communities in Mozambique as the Company

What is Synthetic Graphite?

What is Synthetic Graphite?

Synthetic graphite plays a significant role in a few highly specialized industries. Here’s a look at what it is and why investors should know about it.

NextSource Materials Inc. Announces Positive Updated Feasibility Study for Phase 1 Modular Mine Production of 17,000 Tonnes Per Year

NextSource Materials Inc. Announces Positive Updated Feasibility Study for Phase 1 Modular Mine Production of 17,000 Tonnes Per Year

 
Highlights:

The updated Feasibility Study results verify positive economics for Phase 1 of the Molo mine, which will utilize a unique, fully-modular build approach taking into account current-day flake graphite prices.

The updated Feasibility Study is based on Front End Engineering and Design (FEED), and Detailed Engineering studies as opposed

Hexagon’s PFS Confirms Viability of McIntosh Flake Graphite Project

The Board of Hexagon Resources (ASX: HXG) is delighted to report on the key outcomes of the Company’s Pre-Feasibility Study (PFS) into the development of the first stage of its 100% owned McIntosh Flake Graphite Project, located in Western Australia. The outcomes confirm the technical and financial viability of the

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

URL: https://investingnews.com/daily/resource-investing/critical-metals-investing/graphite-investing/hexagon-signs-mou-30-offtake-stage-1-project-finance/