Graphit Kropfmühl AG / Joint Venture
09.02.2010 08:08
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Kropfmühl, Germany, 8 February, 2010 --- Graphit Kropfmühl AG (DEUTSCHE
BOERSE: 'GKR') announced today that it is entering into a natural graphite
joint venture with Extrativa / Grafite do Brasil, Belo Horizonte, Minas
Gerais, Brazil and REP Minerals, Sao Paulo, Brazil. Graphit Kropfmühl and
Extrativa each will own 49% and REP Minerals will own 2%.
The joint venture will secure raw materials for Graphit Kropfmühl, and will
manufacture and sell graphite for high-quality applications in Brazil and
for certain export sectors. This joint venture will expand Graphit
Kropfmühl's international presence and secure additional raw materials for
future growth.
Extrativa / Grafite do Brasil has natural graphite deposits and processing
plants in Bahia, Brazil and is currently a supplier of graphite products to
the Brazilian market. REP Minerals is currently a sales agent of Graphit
Kropfmühl AG in Brazil and has extensive experience in the marketing of
mineral and metal powders.
The joint venture will be operational in the 2nd quarter of 2010.
Financial calendar
Annual earnings figures of 2009 17 March 2010
Annual report 2009 31 March 2010
3-months interim report 2010 12 May 2010
Annual General Meeting, Munich 16 June 2010 - 10.00 a.m.
6-months interim report 2010 11 August 2010
9-months interim report 2010 10 November 2010
Information on the company
Graphit Kropfmühl AG is a specialist for the production of silicon-metal
and a globally leading supplier of refined natural graphite, with locations
in Europe, Asia and Africa. The company that is listed in the Prime
Standard (ISIN: DE0005896005) provides its customers with silicon-metal and
graphite solutions for the most versatile applications. Silicon-metal is
used in the chemical, aluminium, semiconductor and solar cell industries.
High-quality graphite among others is used in lubricants, carbon brushes
for electric motors, and in the chemical industry, for example for thermal
insulation and energy saving programs.
09.02.2010 08:08 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: Graphit Kropfmühl AG
LangheinrichstraÃe 1
94051 Hauzenberg
Deutschland
Phone: +49 (0)8586/609-197
Fax: +49 (0)8586/609-111
E-mail: ir@gk-graphite.com
Internet: www.gk-graphite.com
ISIN: DE0005896005
WKN: 589600
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart
End of News DGAP News-Service
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DGAP-News: Graphit Kropfmühl AG: Joint Venture in Brazil
| Source: EQS Group AG