Graphite developer Volt Resources has signed a fourth offtake agreement with a Chinese customer, filling in full the Stage 1 capacity of its Namangale project, in Tanzania.
The company on Monday reported that Chinese group Qingdao Tianshengda Graphite has signed an offtake term sheet for an initial 10 000 t/y of flake graphite product from the Namangale project, with Volt saying that the recent changes to the Tanzanian mining law had not deterred customer confidence in the Namangale project.