DNI inks flake graphite offtake deal with Korea Graphite

Madagascar-focused graphite project developer DNI Metals has signed a binding supply agreement with ASX-listed Peninsula Mines’ subsidiary Korea Graphite to supply up to 24 000 t/y of flake graphite, the company announced on Monday. The deal is subject to Korea Graphite finalising offtake agreements with Korean end-users, starting during the fourth quarter. The binding supply agreement is seen as a key precursor to establishing binding offtake agreements with Korean flake-graphite end-users.