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Why Is the Skaland Graphite Sale Still Unfinished? MRC Details Payment Delays
2:26am on Monday 2nd of June, 2025 AEST
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Mining
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Why Is the Skaland Graphite Sale Still Unfinished? MRC Details Payment Delays
2:26am on Monday 2nd of June, 2025 AEST
Key Points
Sale of Skaland Graphite Project delayed due to buyer funding issues
Norge Mineraler made partial non-refundable payments totaling USD 1 million
Interest of 12.5% p.a. applies on overdue payments
Additional working capital and cost reimbursements agreed
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