Armadale Capital Plc Signs MOU With Datong Resources

  • Oct 26, 2019 BST
  • Team Kalkine
  • Armadale Capital Plc (ACP) has signed a Memorandum of Understanding (MOU) with Datong Resources, China.
  • The MOU signed is for a planned offtake contract for products of high-class graphite, produced at the Company’s Tanzania Graphite Project of Mahenge Liandu.
  • The MOU has been entered at a price to be agreed based on the Chinese standard for the class of the graphite produced.
  • The new MOU is in addition to company’s earlier announced MOU with the Matrass Group on 19 February 2019 and another one with CoolRU on 26 September 2019.

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