Bolero Resources Corp. (TSXV:BRU) announced that as a result of entering a ten-year agreement with GEC (ASIA) Industry Co., Ltd., it now has exclusive distribution rights in Canada, the US, and Mexico for 6,000 tonnes per year of the highest-quality graphite.
As quoted in the market news:
The majority of the graphite is +35 to +50 mesh, this represents the higher end of the price scale as this material sells at a premium.
Paul Ogilvie, Bolero’s CEO, commented:
Having 6,000 tonnes annually of high quality graphite gives us a significant competitive advantage, allowing us to immediately proceed with our marketing strategy and start selling into North American markets to generate revenues in the very near term