Ceylon Graphite (TSE:CYL) has released an update.
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Ceylon Graphite Corp. has announced a significant purchase and distribution agreement with GES Europe GmbH, promising to supply high-grade, low-environmental impact graphite with assured preferred pricing and supply for an initial 12 months. This deal, set against a backdrop of increased demand for non-Chinese graphite sources, allows Ceylon to maintain other sales channels while offering GES distribution exclusivity in Europe.
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