Business
The Blackearth Minerals (ASX:BEM) share price is rocketing 150% today. Here’s why
The Blackearth Minerals NL (ASX: BEM) share price is off to the races, up 150% at 23 cents in afternoon trading.
Shares are soaring after BlackEarth announced a significant marketing agreement with a world-leading graphite supply group.
What agreement did BlackEarth Minerals make?
In an ASX release this morning, BlackEarth Minerals revealed it had signed an agreement with German-based Luxcarbon GmbH for the procurement, supply and marketing of graphite concentrate and downstream graphite products.
Luxcarbon is among Germany’s top suppliers of graphite and carbon products, counting Volkswagen, Mercedes, Ford and major chemical corporations among its clients.
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