Blackearth Minerals NL signs MOU with Urbix to fastrack downstream graphite production proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
BlackEarth Minerals (ASX:BEM) soars following MOU with Urbix
Source: BlackEarth Minerals
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Shares in BlackEarth Minerals (BEM) have skyrocketed after the company signed an MOU for the supply of graphite concentrate to U.S.-based Urbix
Initially, the company will supply its high-grade graphite concentrate to Urbix s downstream processing facility in the U.S. once it has been completed
A joint venture will then be formed, which includes the potential development of a purified graphite facility in Madagascar or Western Australia
The MOU has a term of 180 days, during which the two companies will work to finalise a formal agreement
BlackEarth Minerals NL in trading halt regarding MOU signing relating to graphite down-stream processing proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.