Magnis jumps on Chinese offtake deal

MAGNIS Resources has signed a five-year binding offtake agreement to supply graphite from its flagship Nachu project in Tanzania to state-owned China National Materials Import and Export Corporation (SINOMA).

Magnis jumps on Chinese offtake deal Magnis jumps on Chinese offtake deal Magnis jumps on Chinese offtake deal Magnis jumps on Chinese offtake deal Magnis jumps on Chinese offtake deal

The agreement will see Magnis supply 80,000 tonnes of graphite per annum to SINOMA over a five-year period, with options to extend.

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