BUX 0.00% 7.8¢ buxton resources limited

highest grade graphite resource in australia -, page-11

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    focus in canada got an economic mine of 8m tonnes at 16% with off take agreement etc

    The Focus Graphite deal covered nearly 100% of the company's planned production, including fines. Fines are usually a very difficult product to ship because they're always in excess supply and are of lower quality carbon. There's less of a market for fines and it has more product competition. What stood out for me in the Focus Graphite deal is that it came from China. It shows the big buyers in China are looking elsewhere for new supplies. I thought that was the big takeaway, not just for Focus Graphite, but for the whole exploration sector. Focus showed its willingness to work with China as a customer, not necessarily as a competitor. The offtake deal with China gives Focus an advantage now over other players because it was the first to announce and it shows a serious, large-scale partner in China
 
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