DNI Metals Inc. (DMNKF)

[Luke_McCain]

$DMNKF: Zacks Small Cap Research (via Great Lakes)

https://finance.yahoo.com/news/great-lakes-graphite-glk-v-150000168.html

In the proposed relationship, Shamokin Carbons will work with Great Lakes Graphite to develop, manufacture and distribute both high purity micronized synthetic and micronized natural flake graphite products. The natural crystalline flake graphite is being sourced from Brazil through the wholesale graphite business of DNI Metals (CSE: DNI, OTC Pink: DMNKF). Great Lakes Graphite has a 5-year agreement with DNI Metals for the supply of up to 34,000 metric tons of 100- mesh 95% carbon. In March, Great Lakes Graphite placed a purchase order for 2,320 metric tonnes of graphite with DNI Metals with a shipping schedule from July through December, with one shipping container load of 20 tonnes having already been delivered this year. The company and Shamokin Carbons are designing the systems and infrastructure to ramp up the manufacture of micronized synthetic and high-quality natural flake graphite in line with marketing efforts and production requirements of Great Lakes Graphite. DNI Metals has established a distribution network that currently sources graphite material from Nacional de Grafite, a private Brazilian company which has annual production capacity of 72,000 tonnes.

The companies are also working on natural flake products, which have thus far resulted in initial sale of 400 kilograms of micronized natural flake graphite in early 2017 to a customer based in Western Europe for a production-scale qualification test. The graphite was sourced from Brazil and micronized by Shamokin in an ISO9001-certified facility located in Pennsylvania.