Graphite play Kibaran Resources (ASX: KNL) rose by 6c (or 85%) on Monday to a close of $0.13 on the back of a major off-take deal

Graphite play Kibaran Resources (ASX: KNL) rose by 6c (or 85%) on Monday to a close of $0.13 on the back of a major off-take deal. The company has announced the signing of a binding off-take agreement with a major European Graphite Trader (EGT) for the purchase of 10,000 tonnes of graphite concentrate each year for an initial period of five years, with an option for a further five.