Australian advanced materials technology company, Talga Resources has signed a Sales and Distribution Agreement (SDA) with German based commodities and product distribution company Possehl Erzkontor to globally sell and distribute Talga’s graphene (Talphene®).

Under the terms of the SDA, Talga granted Possehl – subsidiary of CREMER Group and one of the largest sellers of graphite products in Europe – the non-exclusive right for an initial period of two years, with an option to renew on mutual agreement. In addition to the above terms, the SDA provides Possehl with an exclusive right to sell, market and distribute Talphene® to six of its existing customers.

Talga Managing Director Mark Thompson said that the company has welcomed the partnership with Possehl in the commercialisation of its graphene products.

“Not only are Possehl global, high quality commodity suppliers with a rich European trading history, including at times being the largest importer of Swedish iron into Germany, they have also often taken an active role in mineral project infrastructure and logistics”, said Mr Thompson.

“Possehl has already identified opportunities with several of its large customers whose products may be improved with Talphene® and we look forward to utilising their competency and broad commodities distribution network to market our graphene products, with a view of ultimately establishing offtake agreements.”

Possehl Erzkontor GmbH & Co. KG CEO Anthony Cremer sees the cooperation with Talga as a great opportunity to grow into new future markets.

“We are sure that our world-wide trading and service network and experience will help in bringing the outstanding Talga products to the international market”, said Mr Cremer.

Source: www.talgaresources.com

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