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Bass gets possible offtake for Graphmada product

ASX-listed graphite developer Bass Metals has signed a sales and purchase memorandum of understanding for half of the forecast graphite concentrate production from the Stage 1 development of its Graphmada project, in Madagascar.

The un-named European party was expected to purchase some 3 000 t/y of graphite concentrate for a period of three year, with the concentrate to e sold into refractories, foundries and crucible markets throughout Europe.