Ceylon Graphite Corp. (TSX-V: CYL, OTC: CYLYF, Forum) stated on Tuesday that that it had made its first sale of graphite from its wholly owned subsidiary,
Sarcon Development Ltd. The sale was made to
2D Materials Pte Ltd. of Singapore. for 1 ton of vein graphite with carbon content of 95-97%.
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The Company was
recently covered by Stockhouse Editorial, in an article highlighting the rising demand among consumers, investors and industries at large to see a reduction in the global carbon footprint but meeting this demand will likely mean more reliance on metal and mineral extraction.
FULL DISCLOSURE: Ceylon Graphite Corp.. is a client of Stockhouse Publishing.