Post navigation Lessons From Syrah Resources’ Graphite Off-Take Agreement, page-3

He probably should have taken into consideration other announcements including
SYRAH SIGNS STATEMENT OF SALES INTENT WITH HILLER CARBON
From announcement
Highlights:

• 5year Statement of Sales Intent signed with Hiller Carbon LLC(Hiller Carbon), a leading supplier of raw materials to North American steel producers
• Hiller Carbon will be granted exclusive rights to sell Balama natural graphite recarburiser (Balama recarburiser) in the United States, Canada and Mexico (Territory)
• Hiller Carbon intends to purchase between 25,000 tonnes and up to 35,000 tonnes of Balama recarburiser per annum for resale in the Territory
• This agreement provides synergies with Syrah’s Proposed Spherical Graphite Facilityin the United States, which will also produce high quality recarburiser
• Balama recarburiser was recently qualified through commercial scale test work by a major global steel producer

This will add significantly to the income stream, now an offtake agreement is in place