Brief: Graphex Group Announces MoU For Proposed Strategic Investment Project
14/02/2022 10:12
Feb 14 (Reuters) - Graphex Group Ltd 6128.HK :
* ANNOUNCES MOU FOR PROPOSED STRATEGIC INVESTMENT PROJECT
* COMPANY ENTERED INTO NON-LEGALLY BINDING MOU WITH JIXI
MASHAN
GOVERNMENT
* CO WILL INVEST RMB200 MILLION IN PROPOSED PROJECT
* INTEND TO PRODUCE & PROCESS ANNUAL OUTPUT OF 30,000 METRIC
TONS
OF HIGH-PURITY SPHERICAL GRAPHITE & 10,000 METRIC TONS OF ANODE
MATERIALS
* MOU TO MAKE AN INVESTMENT FOR SETTING UP GRAPHITE DEEP
PROCESSING & PRODUCTION LINES WITHIN JIXI (MASHAN) GRAPHITE
INDUSTRIAL PARK
Further company coverage: 6128.HK
((Reuters.Briefs@thomsonreuters.com;))
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