Battery Minerals Limited announced that it has signed a second binding offtake agreement for its Montepuez graphite project in Mozambique, this time with Qingdao Guangxing Electronic Materials Co. Ltd. (GEM). The agreement covers 10,000 tonnes a year of graphite concentrate for at least three years. It follows the binding off take agreement signed by Battery Minerals last month with US-based Urbix Resources for up to 11,000 tpa. Battery Minerals now has up to 40% of its forecast annual production covered by binding sales agreements, and is well on track for its first shipment of product in the March Quarter of 2019.