BEM Signs Binding Offtake MOU With Tier 1 Refractory Producer

BlackEarth Minerals NL (ASX: BEM)

Highlights:

  • Binding MOU with RHI Magnesita (RHIM).
  • RHIM and BEM to work together to produce “tailor-made” natural graphite
    concentrate samples and products for RHI Magnesita.
  • The MOU follows positive initial test work undertaken by RHI Magnesita on
    graphite from BEM’s Maniry Project in Southern Madagascar.
BlackEarth Minerals NL (ASX: BEM) (“BlackEarth”, the “Company”) is pleased to announce that the
Company has entered a binding Memorandum of Understanding (“MOU”) with the world’s largest
refractory group, RHI Magnesita (“RHIM”), the leading global supplier of high-grade refractory products,
systems and solutions, and a large consumer of natural flake graphite for various refractory products
and materials. RHIM’s global procurement office is based in the Netherlands.
/Public Release.