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BKT - Black Rock Mining News Story

A$0.17 0.0  3.0%

Last Trade - 2:09am

Sector
Basic Materials
Size
Small Cap
Market Cap £64.7m
Enterprise Value £63.3m
Revenue £0.929k
Position in Universe 822nd / 1912

BUZZ-Australian graphite developer Black Rock Mining gains on deal with Chinese firm

Tue 25th September, 2018 2:41am
** Tanzanian graphite developer Black Rock Mining Ltd
 BKT.AX  rises as much as 2.9 pct to A$0.036, its highest in
over five weeks 
    ** Co signs cooperation agreement with Chinese mining
machinery maker Yantai Jinyuan Mining Machinery, part of Yantai
Jinyuan Group  urn:newsml:reuters.com:*:nFWN1WA0S7
    ** Yantai Jinyuan Mining to supply process plant machinery
and related infrastructure for Black Rock's Mahenge graphite
mine in Tanzania 
    ** Black Rock and Yantai will work together to secure up to
$40 mln in project finance from Chinese groups, including the
govt import-export credit agency
    ** Stock down 37.5 pct so far this year, as of last close;
on track for a third straight session of gains 

 ((Reuters Messaging:
nikhilkurian.nainan.thomsonreuters.com@reuters.net))
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