Graphite developer Walkabout Resources has signed its first binding offtake term sheet with expandable graphite producer Inner Mongolia Qianxin Graphite (IMQG) over its Lindi Jumbo project, in Tanzania.
Under the terms of the agreement, Walkabout would deliver between 10 000 t/y and 20 000 t/y of flake graphite to IMQG over a three-year period, following the start of production from Lindi Jumbo.