Elate Holdings Limited Announces Repayment Agreement With Aspect Group Limited for Graphite Ore

Reuters
2025.10.16 09:00
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Elate Holdings Limited has announced a repayment agreement with Aspect Group Limited (AGL) regarding sold graphite ore. Due to political instability in Madagascar, the Company declined AGL's suggestion to return unpaid ore. Instead, they agreed on a repayment plan effective October 16, 2025, utilizing all collateral held by Elate to settle the payment. Both parties will continue their trading relationship in graphite products.