THERE ARE NO OFFTAKES IN NATURAL GRAPHITE! This terminology is used incorrectly by bulk industrial mineral types that have come into the industry applying non applicable metrics (i.e. iron ore, cobalt, magnesium experience).
The current use of the term off take is ONLY an intent to purchase base on a number of factors including production, bulk qualifications, terms, etc. and if any are not met, NO SALES! Even then there are no TAKE OR PAY contracts for traditional flake graphite products in the graphite industry as there are MANY suppliers of like products. This would only apply to highly specific or to critical customer specifications of a graphite product (added value mainly) and then only for produced product within a specific time frame.
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