Sign up Australia
Proactive Investors - Run By Investors For Investors

MRL Corporation begins graphite marketing ahead of production

MRL Corporation begins graphite marketing ahead of production

Sri Lankan focused MRL Corporation (ASX:MRF) has signed a certification and licence agreement with a graphene marketing specialist in a warm up to first production at its graphite projects.
Graphene is a stronger-than-steel graphite product expected to represent a premium market within the sector’s growing technological end-segments.
The deal with Imagine Intelligent Materials is expected to facilitate sales contracts of the high-grade products.
MRL will pay Imagine a yet-unspecified commission on sales of its certified graphene and other graphite products which carry Imagine’s certification mark.
MRL’s Aluketiya project is planned to begin production in the September quarter this year, while its nearby Pandeniya project is set to secure a mining licence shortly.
Completion of the Sri Lankan licensing process is expected to put the company on track to have two high-grade graphite projects in production.
MRL’s projects are believed to contain the extremely high-grade  graphite required for graphene production.
Sri Lanka is famed for being the only commercial producer of crystalline vein graphite and is among the highest quality of naturally occurring material in the world.

Typical high-grade Sri Lankan graphite achieves a greater recovery rate than most disseminated flake graphite deposits due to its reduced physical processing requirement and much higher starting TGC purity.
MRL will begin a new round of metallurgical testwork shortly to establish the optimal conditions for producing graphine from its sites in the country.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

View full FGR profile View Profile

First Graphene Ltd Timeline

January 24 2017
October 07 2015

Related Articles

November 02 2017
Pan Asia Metals is building strength in depth in South East Asia
copper ore
April 10 2018
The AIM-listed junior now sees at least 20 years of operations at the Newfoundland-based copper/gold operation
October 04 2018
Mkango's rare earths projects have already attracted significant interest, and cash

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use