DNI Metals Another Awesome PR 28tonnes to India Market Yawns
Now Two of the largest Battery producing countrys getting samples from DNI plus offtake with S Korea.
Whats the market thinking? Oh must not be anything good over there, otherwise, the PP/share would be moving faster sooner. Do your DD and remember, once you follow the crowd, its too late.
- Delivers Bulk Sample to India
Toronto, Ontario--(Newsfile Corp. - January 25, 2018) - DNI Metals Inc. (CSE: DNI) ("DNI" or the "Company") DNI is pleased to announce that it has now delivered a 28 tonne bulk sample to India. This sample comprises 14 tonnes from each of the Main Zone ('MZ') and Southwest Zone ('SWZ'), of DNI's 100% owned Vohitsara graphite project in Madagascar. The Indian group, a potential off-take customer, will process the material at its plant, and report the results back to DNI. This group have previously tested a small sample from Vohitsara and were so encouraged that they have now requested a larger sample. DNI collected a total of 60 tonnes of mineralised material, 30 tonnes from the Southwest Zone, and 30 tonnes from the Main Zone, in November 2017. Location of these samples is plotted on Figure 1 following. DNI understands the importance of having the ability to deliver larger, multi-tonne bulk samples in the range of 10 to 20 tonnes to potential customers. This is part of the reason DNI is planning to construct a pilot plant / small scale production plant on its property in Madagascar in the near term. DNI has focused on building customers in Korea, India and the USA. Having recently signed a binding agreement to supply graphite to Korean end users (NB: refer DNI's Press release dated January 15, 2018: "DNI Metals Signs Binding Agreement with Korea Graphite to Supply Flake Graphite for Korean End Users subject to Korea Graphite finalising offtake agreements with Korean end users"), DNI has now turned its focus to partnering with an experienced group to supply graphite to India
