Saint Jean Carbon announced that it has entered into an Exclusive Distribution Agreement with Miluo Xinxiang Carbon Products Co. Ltd. to market, distribute and sell a range of synthetic graphite products in the territory of Canada, the United States and Mexico. The Miluo agreement represents the first successful efforts of Minmet Carbons and Saint Jean.

Miluo has been an established synthetic graphite producer since 2004 and manufactures products using proprietary and patented graphitizing processes from a 215,000 square metre (2.3 million sq. ft.) state-of- the-art facility. The Company employs 260 people and produces a range of high purity synthetic products for use in traditional industrial sectors such as steel manufacturing, smelting and foundries.

Its products are also used in high tech sectors such as lithium-ion batteries, aerospace and the nuclear energy industry. The company maintains an extensive research and development operation and markets to customers in Asia, Europe, and the Americas. The agreement has been established for an initial term of five years with an option for two additional ten year periods.

Under the agreement Saint Jean will sell a minimum of 1,800 metric tonnes during the first year, 5,000 tonnes the second year, and follow through with 10% increases in tonnage for each of the remaining years of the initial term.