Kibaran Resources has entered into a non-binding letter of intent with GR Engineering Services to negotiate an early works agreement and an engineering and procurement contract for the company's Epanko graphite project in Tanzania.
Graphite players have had a soft 18 months, although some WA companies are developing new production techniques that might give them a leg up in the industry.
Former Resolute Mining chairman and highly regarded Australian-African resources executive, Robert Pett has been appointed as non-executive chairman of Kibaran Resources.
