Battery Minerals reaches milestone agreement

ASX-listed Battery Minerals has reached another major milestone in its strategy to become a global graphite supplier to the lithium battery industry, signing a binding sales agreement with a leading US-based graphite processor. The binding offtake agreement covers up to 11 000 t/y of graphite concentrate, equal to more than 20% of the initial forecast yearly output from Battery Minerals’ Montepuez project, in Mozambique.