on NextSource Materials Inc. (isin : CA65343M1005)
NextSource Materials Ships First Graphite from Madagascar to Germany and USA
NextSource Materials Inc., a Canadian battery materials company, announced the completion of its initial commercial shipments of high-quality SuperFlake® graphite concentrate. The shipments originated from the Molo Graphite Mine in southern Madagascar, marking a significant milestone for the company as it extends its reach into key international markets in Germany and the USA.
The graphite concentrate is shipped under existing offtake agreements to meet demand in sectors like refractory materials, electronics, and fire-retardant applications. Craig Scherba, CEO, emphasized the strategic importance of these shipments in positioning NextSource as a global supplier of critical materials, while also supporting economic growth in Madagascar.
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