18 Feb 2013 07:00
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StratMin Global Resources plc
("Stratmin" or the "Company")
Maiden Graphite Shipment from Loharano Graphite Plant
StratMin Global Resources Plc (AIM: STGR), the London listed graphite production and exploration company, is pleased to announce the first shipment from its 100% owned subsidiary Graphmada's Loharano Graphite plant. A maiden shipment of 20 tonnes of flake graphite has been delivered from the processing facility to the container port at Taomasina. The product is ready for shipment and contracted to a customer in the United States.
Highlights:
·; Maiden shipment of 20 tonnes of flake graphite
·; Shipment destined for a customer in the United States
·; Production ramp up is progressing
Gobind Sahney, Chairman of StratMin, commented: "This maiden shipment represents an important milestone for Stratmin. It also demonstrates the Company's ability to explore, extract, and ship graphite. The board and I would like to congratulate all parties involved on our first shipment."
The Loharano graphite plant enjoys direct paved highway access to the port of Toamasina, which handles over 90% of the containerized freight to and from Madagascar. Graphite for export is bagged, palletized and loaded into ocean going containers for shipment.
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Enquiries:
StratMin Global Resources Plc |
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Gobind Sahney | +44 (0) 207 467 1700 |
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Libertas Capital Corporate Finance Limited (Nomad and Joint Broker) |
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Sandy Jamieson/Ciaran Walsh | +44 (0) 207 569 9650 |
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Peterhouse Corporate Finance (Joint Broker) |
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Jon Levinson | + 44 (0) 20 7562 3357 |
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Optiva Securities Limited (Joint Broker) |
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Jeremy King | +44 (0) 20 3137 1904 |
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Tavistock Communications (Financial PR and IR) |
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Jessica Fontaine/Simon Hudson/Conrad Harrington | +44 (0) 207 920 3150 |
About StratMin Global Resources:
StratMin Global Resources Plc is a graphite production and exploration company with assets in Madagascar. Its 100% owned subsidiary Graphmada ships from its plant located at its Loharano license area. The Company believes the additional licence areas owned by Graphmada are highly prospective and provide considerable exploration and production upside potential.
StratMin Global Resources acquired 100% Graphmada Equity Pte Ltd, the holding company of Graphmada SARL, on 28 January 2013.
http://www.stratminglobal.com/