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Peninsula signs Korean offtake MoU

Graphite hopeful Peninsula Mines has inked a non-binding offtake and development cooperation memorandum of understanding (MoU) with Korean graphite producer Graphene Korea.

Under the MoU, Peninsula could potentially supply Graphene Korea up to 20 000 t/y of flake graphite concentrate, and could see the Australian company develop mining and processing facilities in South Korea, and potentially overseas, for selected projects that met the required metallurgical specifications.