Magnis signs 25 000 t/y graphite sales deal with World Group

ASX-listed Magnis Resources has entered into a three-year flake graphite sales agreement with major European group World Plastik ve Petrokimya Sanayi ve Ticaret. Magnis will supply the World Group subsidiary with 15 000 t/y of super jumbo flake graphite and 10 000 t/y of jumbo flake graphite from the Nachu project, in Tanzania, as well as from other mines that produce graphite based on the agreed specifications.